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Epic Research
The BSE Sensex rallied 325 points to 17,670.91 on support from global markets. Currencies too strengthened against the American dollar; the Indian rupee appreciated 26 paise to 55.40 to the US dollar and Euro moved up 0.3% to 1.267 to the US dollar.
European markets extended rally for the second consecutive session today after the European Central Bank has decided to undertake an aggressive bond buying programme to ease Eurozone debt crisis yesterday. France's CAC rose over 1% and Germany's DAX was up 0.9% while Britain's FTSE was flat.
Back home, the NSE Nifty climbed 97.30 points or 1.86% to 5,335.70, led by broadbased buying. The Realty Index surged 2.8% followed by gains of 2.6% in Metals and Capital Goods indices. Auto and Bankex jumped over 2%.
Shares of ICICI Bank, Tata Motors, Tata Steel, DLF and Jaiprakash Associates shot up 4-5%.
Index heavyweight Reliance Industries and engineering conglomerate Larsen & Toubro were up 3% each. Metals stocks like Sterlite and Hindalco too moved up 3%.
FMCG major Hindustan Unilever, software services exporter Infosys and country's largest lender State Bank of India gained over 2%.
European markets extended rally for the second consecutive session today after the European Central Bank has decided to undertake an aggressive bond buying programme to ease Eurozone debt crisis yesterday. France's CAC rose over 1% and Germany's DAX was up 0.9% while Britain's FTSE was flat.
Back home, the NSE Nifty climbed 97.30 points or 1.86% to 5,335.70, led by broadbased buying. The Realty Index surged 2.8% followed by gains of 2.6% in Metals and Capital Goods indices. Auto and Bankex jumped over 2%.
Shares of ICICI Bank, Tata Motors, Tata Steel, DLF and Jaiprakash Associates shot up 4-5%.
Index heavyweight Reliance Industries and engineering conglomerate Larsen & Toubro were up 3% each. Metals stocks like Sterlite and Hindalco too moved up 3%.
FMCG major Hindustan Unilever, software services exporter Infosys and country's largest lender State Bank of India gained over 2%.