The markets rallied sharply led by strong gains in the financials, capital goods and metal shares following positive cues from the overseas markets.
The Sensex opened with a positive gap of 70-odd points at 20,487, and did not bother to look back.
The BSE benchmark index continued to head north as the day progressed, and touched a high of 20,932 in late noon deals.
The Sensex eventually ended at a near-about fresh three-year high at 20,882 - up 467 points. So far this year, the BSE index has rallied around 7.7 per cent.
The NSE Nifty today soared 143 points to 6,189.
Elsewhere in the world, the US markets recovered smartly from the lows on Thursday after the Congress sealed the US-debt deal. Among the Asian peers, the Hang Seng rallied over 2 per cent to 23,340, while the other major markets - like Japan and China ended on a flat note.
Back to our markets, the broader markets too ended with substantial gains. The BSE Midcap index jumped a per cent to 5,895, and the Smallcap index added 0.7 per cent to 5,740.
Among sectors, the Bankex zoomed almost 4 per cent to 12,254. The BSE Metal and Capital Goods indices also surged over 3 per cent each to 9,018 and 8,429, respectively.
Sesa Sterlite and Tata Steel were the major gainer among the Sensex stocks - up 6 per cent each - at Rs 195 and Rs 328, respectively.
ICICI Bank rallied 4.5 per cent to Rs 1,009. Larsen & Toubro jumped over 4 per cent to Rs 872.
HDFC Bank gained 3.5 per cent at Rs 676. HDFC, Hindalco and Reliance also moved up around 3 per cent each to Rs 819, Rs 115 and Rs 905, respectively.
Maruti, SBI, ITC, Wipro, Bharti Airtel and Dr.Reddy's were the other major gainers.
The market breadth was fairly positive - out of 2,652 stocks traded on the BSE, 1,405 advanced and 1,078 declined today.
Click Here for the live market commentary.
The Sensex opened with a positive gap of 70-odd points at 20,487, and did not bother to look back.
The BSE benchmark index continued to head north as the day progressed, and touched a high of 20,932 in late noon deals.
The Sensex eventually ended at a near-about fresh three-year high at 20,882 - up 467 points. So far this year, the BSE index has rallied around 7.7 per cent.
The NSE Nifty today soared 143 points to 6,189.
Elsewhere in the world, the US markets recovered smartly from the lows on Thursday after the Congress sealed the US-debt deal. Among the Asian peers, the Hang Seng rallied over 2 per cent to 23,340, while the other major markets - like Japan and China ended on a flat note.
Back to our markets, the broader markets too ended with substantial gains. The BSE Midcap index jumped a per cent to 5,895, and the Smallcap index added 0.7 per cent to 5,740.
Among sectors, the Bankex zoomed almost 4 per cent to 12,254. The BSE Metal and Capital Goods indices also surged over 3 per cent each to 9,018 and 8,429, respectively.
Sesa Sterlite and Tata Steel were the major gainer among the Sensex stocks - up 6 per cent each - at Rs 195 and Rs 328, respectively.
ICICI Bank rallied 4.5 per cent to Rs 1,009. Larsen & Toubro jumped over 4 per cent to Rs 872.
HDFC Bank gained 3.5 per cent at Rs 676. HDFC, Hindalco and Reliance also moved up around 3 per cent each to Rs 819, Rs 115 and Rs 905, respectively.
Maruti, SBI, ITC, Wipro, Bharti Airtel and Dr.Reddy's were the other major gainers.
The market breadth was fairly positive - out of 2,652 stocks traded on the BSE, 1,405 advanced and 1,078 declined today.
Click Here for the live market commentary.
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