The 30-share index of the Bombay Stock Exchange, which zoomed 473.47 points in the previous session on the back of robust growth projections in the Economic Survey, gained 262.33 points, or 0.89 percent, to 29,482.45.

Similarly, the National Stock Exchange index Nifty reclaimed the 8,900-mark by surging 74.65 points, or 0.84 percent, to 8,919.25.

Brokers said continued buying by funds and retail investors on hopes of an investor-friendly and growth-oriented Budget for 2015-16 influenced trading sentiments.

All the sectoral indices, led by capital goods, realty, power and banking were trading in positive zone with gains up to 1.76 percent.

This is probably the first time in many years that the Union Budget is being presented on a Saturday. The stock markets are generally closed on Saturdays and Sundays, except for special circumstances.

Meanwhile, the US Dow Jones Industrial Average ended 0.45 percent lower in Friday's trade.

Latest News  from Business News Desk