The NSE index Nifty also jumped 53.55 points, or 0.83 per cent, to trade at new life-time high of 6,454.70, surpassing the previous intra-day high of 6,415.25, achieved on December 9, 2013. The 30-share index, which had gained over 567 points in the previous three sessions, zoomed to 21,710.43 by surging 196.56 points, or 0.91%.
All the sectoral indices, led by capital goods, banking and realty, were trading in positive territory with gains up to 3.95%. Brokers said frenzied buying by funds and retail investors, driven by shrinking country's current account deficit and a firming trend in the Asian markets following overnight gains on the US market ahead of jobs report, helped the Sensex and Nifty to scale life-time highs. The BSE capital goods sector index gained the most by rising 3.95% as stocks of Larsen and Toubro rose 5.57%, while BHEL was up by 2.43%. In the Asian region,
Japan's Nikkei rose 0.96 per cent, while Hong Kong's Hang Seng rose 0.11% in early trade today. The US Dow Jones Industrial Average closed 0.38% higher in yesterday's trade.