The Bombay Stock Exchange benchmark Sensex flared up by a whopping 214 points or 1.32 per cent in opening trade on Wednesday, extending Tuesday's gains on more capital inflows by foreign funds, driven primarily by a rally on global bourses.
Stock brokers said trading sentiments were mainly helped by an overnight gain on the US markets and firming trend on other Asian bourses, triggering widespread buying by funds.
The BSE metal sector index rose the most with a gain of 2.21 per cent at 16,271.62 with stocks of Hindalco rising 4.20 per cent to Rs 151.35. Hindustan Zinc rose by 3.15 per cent to Rs 1,106.95, Sterlite Industries by 2.53 per cent to Rs 781, JSW Steel by 2.55 per cent to Rs 1,048 and Tata Steel by 4.08 per cent to Rs 572.30.
Other gainers were Reliance Industries by 0.91 per cent to Rs 1,026.70, Infosys Technologies by 0.70 per cent to Rs 2,553.40 and State Bank of India by 0.70 per cent to Rs 1,933.70.
The US Dow Jones Industrial Average ended 1.68 per cent higher in yesterday's trade.
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