The broader market is also trading in line with the BSE headline index, the Mid-cap and Small-cap indices gained over 1.5 percent each at 10,894 and 11,174, respectively. The BSE IT, Power and Realty indices have jumped 2 percent each at 11,252, 1,893 and 1,309, respectively.
Buying is clearly evident in sectors like IT, power, realty, metal, bank, energy, capital goods, auto and pharma.
The key benchmark indices rallied to a fresh intra-day high at 26,660 and 8,082, respectively.
At 10:30 AM, the BSE Sensex is quoted at 26,651 - up 419 points and the NSE Nifty is quoted at 8,083 - up 134 points.
The broader market is also trading in line with the BSE headline index, the Mid-cap and Small-cap indices gained over 1.5 percent each at 10,894 and 11,174, respectively.
Among sectors, the BSE IT, Power and Realty indices have jumped 2 percent each at 11,252, 1,893 and 1,309, respectively.
The BSE Metal and Capital Goods indices have spurted almost 2 percent each at 7,488 and 16,578, respectively.
The BSE Oil & Gas, Healthcare and Auto indices are the other prominent gainers.
The breadth is extremely positive in morning deals - out of 2,052 stocks traded on the BSE so far 1,578 stocks are advancing, while 429 stocks were declining.
All Sensex stocks are trading in green, except, Mahindra & Mahindra down 0.5 percent at Rs. 1,226.
ONGC has soared 6 percent to Rs. 245, after the company said it has received a one-year extension to explore in a Vietnam oil block.
Vedanta rallied nearly 6 percent at Rs. 96.35. Hindalco surged 4.5 percent at Rs. 84.25.
NTPC jumped almost 4 percent at Rs. 124. Gail India spurted over 3.5 percent at Rs. 291.
Infosys advanced over 3 percent at Rs. 1,118. Axis Bank, BHEL and Bajaj Auto gained almost 3 percent each at Rs. 524, Rs. 238 and Rs. 2,252, respectively.
Tata Steel, SBI, Larsen & Toubro, Bharti Airtel and Dr. Reddy's are the other significant gainers.
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