Sensex ended 605.64 points higher or 1.89 percent at 32720.16, and the Nifty jumped 155.25 points or 1.65 percent at 9536.15. Metal and the IT index gained 2-3 percent while HDFC is the top index gainer. Hindalco, Gail India, Tata Steel and Vedanta led gains among metal stocks, while that of heavyweights HDFC and HDFC Bank were the top performers in the financial sector.

Overall, the rally among non-banking financial companies (NBFCs) and housing finance companies (HFCs) offset the fall in Axis Bank, which was under pressure through the trading session due to weak financial performance in the March quarter. While Sensex advanced 1.7% to 32,653.88 points, the Nifty 50 index rose 1.7% to end the day at 9,536.15 points.

Sensex ended 605.64 points higher or 1.89 percent at 32720.16, and the Nifty jumped 155.25 points or 1.65 percent at 9536.15. Metal and the IT index gained 2-3 percent while HDFC is the top index gainer. Hindalco, Gail India, Tata Steel and Vedanta led gains among metal stocks, while that of heavyweights HDFC and HDFC Bank were the top performers in the financial sector.

Overall, the rally among non-banking financial companies (NBFCs) and housing finance companies (HFCs) offset the fall in Axis Bank, which was under pressure through the trading session due to weak financial performance in the March quarter. While Sensex advanced 1.7% to 32,653.88 points, the Nifty 50 index rose 1.7% to end the day at 9,536.15 points.