The Bombay Stock Exchange benchmark index, Sensex climbed 164.85 points or 0.94 per cent to 17,693 on the first trading day of the new financial year on strong cues from the global market.

The broad-based NSE nifty on the other hand moved 41.40 points or 0.8 per cent to 5,290.

Despite giving away early gains on back of lower than expected industrial output figures for the month of March, the Sensex gained in the afternoon session with renewed interest shown by investors in stocks of IT, capital goods and metal companies. FMCG stocks, however, ended the day with a sore note.

While BSE IT rallied 2.26 per cent to 5,355, BSE Consumer Durables and Metals soared 1.55 per cent and 1.44 per cent respectively to 4,285 and 18,230.

Among individual scripts Tata Consultancy Services remained the top gainer of the day after climbing 3.5 per cent to Rs. 808 a share followed by Tata Steel with a gain of 3.2 per cent to Rs. 652 per share.

The day seemed really great for the Tata Group at the Indian bourses as another company from the same group, Tata Motors surged nearly 2.63 per cent.