Rising for the third straight day, the BSE benchmark Sensex on Friday spurted by nearly 194 points to over one-week high of 18,755.45 on heavy buying in capital goods, auto and bank shares amid a firming trend in global markets on upbeat U.S. economic data.
The Sensex, which had gained over 130 points in last two trading sessions, rose further by 193.75 points, or 1.04 per cent to 18,755.45 — the highest since October 25, 2012 when it ended at 18,758.63.
Twenty six stocks in the 30-share index closed with gains led by Gail, Bajaj Auto, L&T and ICICI Bank.
The wide-based National Stock Exchange index Nifty rose by 52.65 points, or 0.93 per cent, to close at 5,697.70.
Brokers also said trading sentiment was bolstered after IT major Wipro reported 23.8 per cent growth in consolidated net profit for the second quarter ended September 30, 2012.
Its shares, which closed one per cent higher, helped improve sentiment in the IT pack with TCS and Infosys also up over 1 per cent each.
Capital goods stocks, including L&T and Bhel, were among the best performers on the back of foreign funds flow while realty, auto and metal stocks also scored gains.
Besides, a firming trend on the Asian bourses and a higher opening on the European markets eyeing robust U.S. jobs and manufacturing data later Friday, also triggered buying activity on the domestic bourses, they said.
The BSE capital goods sector index topped the sectoral charts on Friday with a rise of 1.74 per cent. All the 13 sectoral indices closed with gains.