Indian equities benchmark Sensex on Tuesday surged by nearly 379 points to close at 36,442 on intense buying mainly in auto, financial and energy stocks amid easing geo-political tensions and positive macroeconomic outlook.
The NSE Nifty too rose nearly 124 points to close a tad below the psychological 11,000-level.
Among the Sensex constituents, 23 stocks rose and seven counters fell.
Tata Motors led the Sensex chart with a rise of 7.72 per cent, followed by Heromoto Corp 5.28 per cent and Axis bank 4.12 per cent.
The key BSE index was further lifted by ONGC, Coal India, Tata Steel, NTPC, Maruti and ICICI Bank — rising as much as 3.96 per cent.
Among the major Sensex laggards, Infosys slipped 1.15 per cent, HUL dropped 0.62 per cent and TCS fell 0.19 per cent. PowerGrid, LT, Yes Bank and HCL Tech were the other losers on the Sensex.
Meanwhile, the country’s services sector activity gathered momentum in February, driven by a quicker expansion in new work orders that supported a faster increase in output and job creation, a monthly survey showed Tuesday.