In front of Independence day, the stock market finished with a blast with awesome backing from banks, auto, IT, pharma and infra stocks. The midcaps improved the record mobilizing more than 2 percent.
The BSE Sensex was up 517.78 points or 1.9 percent at 28067.31 and the NSE Nifty was up 162.70 points or 1.9 percent at 8518.55. Around 1795 shares have propelled, 1057 shares declined, and 129 shares are unaltered.
Vedanta, ICICI Bank, SBI, Reliance and HDFC were top gainers while Dr Reddy's Labs and Infosys were losers in the Sensex.
PSU banks lead the rally on Dalal Street as the Finance Minister Arun Jaitley is required to declare a large number of measures including capital implantation points of interest, new arrangements and approaches to tackle bad loans.