On prospects of more measures from the government to stimulate the ailing real estate and auto sectors, stocks from these segments have rallied sharply in today’s session.
The key realty stocks gained the most followed by auto and power stocks.
Among the sectoral indices, BSE Realty surged 8.59%, Auto zoomed 3.05% and Power arose 2.11%, while IT lost 0.89%.
The Sensex, which had slipped into the negative around noon after an earlier sharp upmove, gained momentum on account of buying interest across index heavyweights.