The benchmark Sensex added nearly 200 points in the afternoon trade following uptrend in Asian markets, tracking renewed confidence among investors after the technicians were successful in connecting power cables to nuclear reactors.
About 45 shares advanced among the Nifty 50 including oil & gas, infrastructure, auto, realty, FMCG, metal, financial and telecom companies' shares. The 50-share NSE Nifty was trading at 5,421, with gaining 56 points at 11:58 hours.
The 30-share BSE Sensex rallied 178 points to 18,017. The Nifty March futures were trading at 15 points premium.
Japan's Nikkei 225 average shot up 4.36% or 401.57 points to 9,608.32 today, after seeing stabilisation in damaged nuclear plants. Other Asian markets were trading 0.2-0.6% higher.
"The problem of nuclear leakage appears to be moving in the right direction, which is helping shares," said Ryosuke Okazaki, chief investment officer at ITC Investment Partners Corp.
Technicians working at the stricken nuclear plant on Japan's Pacific coast have managed to attach power cables to all six reactors and started a pump at one of them to cool overheating nuclear fuel rods.
All sectoral indices were in green. The BSE Realty, Auto, Capital Goods, Oil & Gas, Power, Metal, Healthcare, FMCG, Bank and IT indices were trading 0.5-1.5% higher.
Maruti Suzuki shares gained 2.5% as RC Bhargava, chairman of Maruti Suzuki said that its Japan plant was safe and would resume production from tomorrow onwards. The export production will not be impacted due to the Japan crisis.
Reliance Industries, Bharti, SBI, ITC, HDFC, NTPC, Infosys, BHEL, DLF, Tata Motors and L&T were supporting the markets, with rising 1-2%.
The 30-share BSE Sensex rallied 178 points to 18,017. The Nifty March futures were trading at 15 points premium.
Japan's Nikkei 225 average shot up 4.36% or 401.57 points to 9,608.32 today, after seeing stabilisation in damaged nuclear plants. Other Asian markets were trading 0.2-0.6% higher.
"The problem of nuclear leakage appears to be moving in the right direction, which is helping shares," said Ryosuke Okazaki, chief investment officer at ITC Investment Partners Corp.
Technicians working at the stricken nuclear plant on Japan's Pacific coast have managed to attach power cables to all six reactors and started a pump at one of them to cool overheating nuclear fuel rods.
All sectoral indices were in green. The BSE Realty, Auto, Capital Goods, Oil & Gas, Power, Metal, Healthcare, FMCG, Bank and IT indices were trading 0.5-1.5% higher.
Maruti Suzuki shares gained 2.5% as RC Bhargava, chairman of Maruti Suzuki said that its Japan plant was safe and would resume production from tomorrow onwards. The export production will not be impacted due to the Japan crisis.
Reliance Industries, Bharti, SBI, ITC, HDFC, NTPC, Infosys, BHEL, DLF, Tata Motors and L&T were supporting the markets, with rising 1-2%.
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