Sensex Surges Over 450 Points On U.S. Fed, China Hopes

Similarly, the broad-based National Stock Exchange index Nifty shot up by 132.85 points, or 2.19 per cent, to 6,189.

Also, SX40 index of MCX-SX closed 247.21 points up at 12366.6.

Asian markets attracted solid buying in a delayed reaction to China last week unveiling big-bang economic and social reforms in nearly three decades. Shanghani Composite surged 2.8 per cent, followed by Hang Seng up 2.6 per cent, Jakarta Composite up 1.3 per cent while KOSPI inched up 0.23 per cent.

European markets were trading 0.3-0.5 per cent higher in early trade tracking gains in US that surged to a new record on Friday after Fed chief nominee Janet Yellen bolstered expectations of keeping the flow of easy money intact.

Sectorally, the BSE Capital Goods sector index gained the most by rising 3.19 per cent, followed by Banking index (up 3.15 per cent), FMCG index (2.52 per cent) and Realty index (2.41 per cent).

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