As the bulls stormed the ring at the stroke of the opening bell, the key Indian stock indices Sensex and Nifty skyrocketed in early trades on Thursday.
The mood is quite upbeat following a firm trend in global markets, on the back of the U.S. Federal Reserve's surprise decision to keep the pace of its asset purchase program in place.
The Sensex, which opened nearly 400 points up 20,354.73 and vaulted to 20,567.61, is now up 536.58 points or 2.69% at 20,498.74.The Nifty, which spurted to 6092.10, is currently up 176.50 points or almost 3% at 6075.95.
Bank stocks are up sharply, lifting the BSE Bankex up by a whopping 6.3%. Realty stocks are up with strong gains as well. Capital goods, power, automobile, PSU, metal and FMCG stocks are among the other impressive gainers.
Oil, consumer durables and healthcare stocks are up as well, while information technology stocks are subdued following the rupee touching a one-month high against the greenback. The rupee is currently trading at 61.84 to the U.S. dollar
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