The Nifty of the National Stock Exchange (NSE) also advanced by 58.75 points to 6,018.30.
The sensex opened negative by 24.58 points to 19,836.43 and immediately rebounded on the strength of FMCG, CD, Realty, Auto, and Bankex in the opening session. Nifty, which opened on a steady note at 5959.45 points, also shot up by 18.45 points to 5978 in the opening session.
Almost all sectors witnessed buying interest including realty, FMCG, financial, telecom and infrastructure. However, Jindal Steel, Cairn, Sterlite and Tata Motors were the only losers, brokers said.
The sensex recorded the day's high and low at 20,071.75 and 19,833.52 respectively. Nifty registered the day's high and low at 6029.10 and 5951.20 respectively.
Both benchmarks were trading above their psychological levels after two days consolidation.
In smallcap space, PNB Gilts shot up 20 per cent. Gujarat Ambuja Exports, Nalwa Sons, Meghmani Organi and Jindal PolyFilm rallied 12-14 per cent, while Subhkam Capital, Well Pack Paper, Geodesic, Gujarat Natural and Emami Paper slipped 3-5 per cent.
In midcap space, South Indian Bank rose 14 per cent. Pidilite Inds, Sobha Developer, Central Bank and BASF gained 4.6-6.6 per cent.
Asian stock markets were mixed today. The key benchmark indices in Hong Kong, Singapore, Indonesia and South Korea rose between 0.31 per cent and 1.71 per cent. But the key benchmark indices in Japan and Taiwan fell 0.99 per cent and 0.44 per cent respectively.
Chinese markets were shut today for a holiday.
The market breadth was strong. On BSE, 1885 shares advanced while 1107 shares declined. A total of 77 shares remained unchanged.
Among the 30-share Sensex pack, 26 advanced while the rest declined. The turnover was of Rs 5589 crore, higher than Rs 4596.61 crore yesterday
