Sensex rallied to 659.31 pts higher, and Nifty rose by 174.36 pts
Mumbai/IBNS: The BSE Sensex on Thursday surged 659.31 points to close at 59,688.22 on the strength of bankex, technology, IT, and finance stocks amid strong global cues.
The Nifty of the National Stock Exchange (NSE), too, rose 174.36 points to 17,798.75.
The Sensex opened higher by 346 points at 59,374.99.
It spurted 683 points at 59,711.96 day's high before closing at 59,688.22, up 659.31 points from its previous close.
The Nifty recorded days high and low at 17,807.65 and 17,691.95 points respectively.
In scrips, Axis Bank was a star gainer, up by 3.46 percent to Rs 781.65 followed by Tech Mahindra by 3.29 percent to Rs 1091, ICICI Bank by 2.64 percent to Rs 899.55, M & M by 2.45 percent to Rs 1321, and SBI by 2.27 percent to Rs 544.75.
The Mid Cap increased by 0.29 percent and Small Cap by 0.60 percent.
In 30 scrips, 25 advanced while 5 declined.
The Asian market was up as Australia gained by 1.81 percent, Japan by 2.31 percent and Taiwan by 1.20 percent.