Nifty surges 132 pts to fresh 15-month closing high

Market benchmark Nifty soared 132 points today to end at a 15-month closing high on positive global cues.
Nifty finished at 8,683 -- its highest closing level since April 16, 2015.
The rally was led by strong across-the-board buying, led by banking, auto, realty, energy, financial service, infrastructure and media counters.
European and Asian stocks edged higher driven by the Bank of England's aggressive stimulus measures, even as traders kept a wary eye on US jobs data.
The 50-share Nifty resumed higher at 8,600.20 and moved in a range of 8,689.40 and 8,590.15 before ending at 8,683.15, showing a gain of 132.05 points or 1.54 per cent from its last close.

Nifty Auto rose by 3.17 percent, followed by Metal (2.68 per cent), PSU Bank (2.49 per cent), Realty (2.39 per cent), Energy (2.33 per cent), Private Banks (1.97 per cent), Bank (1.91 per cent), Financial Service (1.82 per cent), Media (1.70 per cent) and Infra (1.39 per cent).

Index gainers included Grasim (5.40 per cent), Hero MotoCorp (5.12 per cent), Hindalco (4.81 per cent), Ambuja Cement (4.35 per cent) and Bajaj Auto (4.30 per cent).
However, Tech Mahindra fell 0.98 per cent, followed by Power Grid (0.95 per cent), Bharti InfraTel (0.87 per cent), Sun Pharma (0.78 per cent) and Bharti Airtel (0.61 per cent).

A total 1,212 stocks advanced, 397 declined, while 69 ruled stable. Total securities that hit their price bands today stood at 106.
Turnover in cash segment rose to Rs 20,650.86 crore as compared to Rs 19,124.42 crore yesterday.
A total of 10,340.03 lakh shares changed hands in 80,38,331 trades. The market capitalisation of NSE stood at Rs 107,34,945.02 crore.