According to the provisional figures, Nifty gained 140 points to finish at 6,233.90, its highest close since 9 January, 2008, when it ended at 6,272.
The Sensex surged 470 points to finish at 20,687.88, its highest close since 14 January, 2008, when it ended at 20,728.05.
On 8 January 2008, Sensex recorded its all-time closing high of 20,873.
Analysts pointed that the surge might be liquidity driven. Till September, FIIs had pumped in $18 billion in the Indian markets.
IT, realty, FMCG and Teck stocks led the advances with gains of more than 2 per cent. All other sectors were in the green. The broader markets were trailing the benchmark indices for a change. Small cap stocks rose 1.18 per cent and the CNX midcap index advanced 1 per cent.
TCS was the biggest gainer on the Sensex, rising 4.43 per cent. HDFC rose 4.12 per cent. Jaiprakash Associates and HUL rose between 3-4 per cent. NTPC was the only stock to decline on the 30-stock index. It was trading 0.83 per cent lower.
IT, realty, FMCG and Teck stocks led the advances with gains of more than 2 per cent. All other sectors were in the green. The broader markets were trailing the benchmark indices for a change. Small cap stocks rose 1.18 per cent and the CNX midcap index advanced 1 per cent.
TCS was the biggest gainer on the Sensex, rising 4.43 per cent. HDFC rose 4.12 per cent. Jaiprakash Associates and HUL rose between 3-4 per cent. NTPC was the only stock to decline on the 30-stock index. It was trading 0.83 per cent lower.
Read more at: http://profit.ndtv.com/news/show/sensex-rallies-470-points-inches-closer-to-all-time-high-107646?pfrom=Business&cp
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