The NSE Nifty rose by 69 points to close above 10,250-level after Moody's upgraded India's sovereign rating a notch above investment grade.
The NSE Nifty opened higher at 10,324.55 and moved in a range of 10,343.60 and 10,268.05 before ending at 10,283.60, up 68.85 points, or 0.67 per cent from its last close.
It saw an intra-day movement of about 75.55 points.
The broader indices Nifty Midcap and Smallcap indices also rose by 1.04 per cent and 0.91 per cent, respectively.
Sector-wise, Realty climbed by 3.66 percent followed by Metal 1.89 percent, Finance Service 1.48 percent, Private bank 1.13 percent, Bank 1.11 percent, PSU bank 0.95 percent, Pharma 0.87 percent, Auto 0.86 percent, FMCG 0.80 percent, Energy 0.61 percent, Infra 0.52 percent.
However, IT was the lone losers by 1.48 percent.
Major index gainers were, HDFC, Cipla, Maruti, Tata Steel, Vedl, ICICI Bank, SunPharma and Hindalco.
Losers included, TechM, Infosys, Bosch Ltd, TCS, HCL Tech. GAIL, UPL, InfraTel and AsianPaint.
The market breadth, indicating the overall health of the market was in favour of gainers. On the NSE, 1,109 stocks advanced, 632 declined and 75 remained unchanged.
Total securities that hit their price bands were 187.
Turnover in the cash segment ROSE to Rs 36,807.32 crore from Rs 28,952.11 crore as on Thursday.
A total of 16,870.99 lakh shares changed hands in 12,126,037 trades. The market capitalisation of listed firms on NSE stood at Rs 1,43,06,766.63 crore.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)