On the domestic front, Sensex's biggest single day rise in nine months since January 15, was supported by the rupee gaining some muscle against the dollar.
    
The rally in Indian shares was a part of the smart up-move seen in global stocks triggered by expectations that the US Federal Reserve will delay the first interest rate hike in almost a decade in wake of a lackluster US jobs data.

After tracking bullish global cues, the 30-share Sensex scaled the day's high of 26,822.42 and closed 564.60 points or 2.15 per cent higher at 26,785.55, a level last seen on August 21.
   
Sensex has rallied by 1,168.71 points in four sessions, since the monetary policy review last week.
    
On the day, 50-share NSE Nifty also recorded second biggest rise on the calender year by surging 168.40 points or 2.12 per cent to close at 8,119.30.
    
Both the indices, Sensex and Nifty, posted their biggest single day gains since January 15.
    
Out of the 30 Sensex stocks, 26 ended with gains while -- Maruti Suzuki, Dr Reddy's, Lupin and HUL -- lost.
    
Shares of Tata Motors emerged as the top gainer among the Sensex pack by surging 6.13 per cent on sales data and reports that its Jaguar Land Rover sales surged in the US.

 

 

Latest News  from Business News Desk