The 50-share NSE Nifty also gained 86 points, or 1.32 percent, to touch a new record high of 6,580.90. The 30-share Sensex shot up by 291.26 points, or 1.33 percent, to 22,046.58, surpassing its previous intra-day record high of 22,040.72 reached on March 18.
Brokers said sustained capital inflows by foreign funds at the domestic bourses helped the key indices to touch new highs. Further, a firming trend in other Asian markets also buoyed the trading sentiments here, they said.
Foreign institutional investors (FIIs) bought shares worth a net Rs 14.79 crore last Saturday, as per provisional data from the stock exchanges. Major gainers which contributed to the rally were ICICI Bank, State Bank of India, HDFC Bank, Reliance Industries, ONGC, Tata Consultancy Services, Infosys, Bajaj Auto, Tata Power and Larsen and Toubro.
Sectorally, the BSE banking sector index gained the most, jumping 2.16 percent, followed by PSUs sector index (1.32 percent), Oil and gas (1.30 percent), Auto index (0.62 percent), Power index (0.94 percent) and Metal index (0.64 percent).
Most Asian shares surrendered initial gains in their early trade after the China HSBC flash manufacturing purchasing managers index (PMI) fell to an eight-month low in March. Key benchmark indices in Hong Kong, China, Singapore, Japan and South Korea rose by 0.01-1.83 percent while the Taiwan Weighted fell 0.06 percent.
US stocks dropped last Friday on a selloff in the healthcare sector but major equity indexes still posted solid weekly gains.


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