The broader Nifty at the National Stock Exchange too rose and was trading at an all time high of over 8,280.
The rally in the markets was broadbased as the BSE 500 index had an advance to decline ratio of 4:1 with almost 400 companies in the index of 500 companies witnessing gain. Among the Sensex companies 26 saw a rise in their share price whereas only 4 witnessed a decline in their prices.
While the consumer durable index at the BSE was the only sectoral index in the red, all other indices barring healthcare and FMCG were up by over 1 per cent in the afternoon trading hours.
Tata Steel, HDFC and Maruti were the biggest gainers among the Sensex companies, real estate and construction companies too gained significantly. The overall market cap at the BSE rose to 96,56,987 crore.
While all major Asian markets were trading in the green, Nikkei 225 in Japan was up by 4.8 per cent during the day and the Shanghai Composite in China rose 1.2 per cent thereby lifting the overall sentiment in the market.