seemed happy but he cautioned investors against excessive exuberance.
While increased capital inflows driven by attractive corporate earnings boosted buying, some investors chose to book profits after the recent gains, brokers said. Auto shares saw buying on robust sales growth in October, experts said.
An index of eight infrastructure industries grew 8 per cent in September, the government said yesterday.
"The current rally has been fuelled by excess liquidity sloshing around in developed markets," GELP Capital said in a note. "However, the pinch still remains that retail investors have not participated in this rally. Whether they will or should enter into the market at these stratospheric levels seems debatable."
Asian stock markets ended mixed. Key indices in China, Hong Kong and South Korea ended higher while they fell in Japan, Singapore and Taiwan. European markets were lower ahead of manufacturing data from the UK and US.
Twenty of the 30 Sensex stocks gained, led by State Bank of India (4.67 pc), Mahindra & Mahindra (4.12 pc), Jindal Steel (3.46 pc), Sesa Sterlite (2.3 pc) and BHEL (1.77 pc).
The losers on the index included ONGC, which declined 1.88 pc, NTPC 1.71 pc, ITC 1.66 pc and Infosys 0.90 pc.
The BSE Mid Cap and Small Cap indices outperformed the Sensex with gains of 1.15 pc and 0.74 pc, respectively.
Among the S&P BSE sectoral indices, realty rose 2.61 pc, banks 1.45 pc, metal 1.41 pc, auto 1.29 pc and capital goods 1.23 pc.
FMCG declined 0.92 pc and consumer durables by 0.73 pc.
The market breadth remained positive as 1,399 stocks advanced and 1,051 retreated.
Total turnover on the BSE cash segment rose to Rs 2,740.58 crore from Rs 2,534.07 crore yesterday.
The BSE and the NSE will open on Sunday, November 3, for Muhurat trading from 18:15 hrs to 19:30 hrs.
Both exchanges will be closed on Monday, November 4, for Diwali-Balipratipada.