Industrials stocks were trading with gains, with the S&P BSE Industrials index rising 157.65 points or 4.17% at 3940.44 at 09:48 IST.
Among the components of the S&P BSE Industrials index, Finolex Industries Ltd (up 10.43%), Tata Motors-DVR (up 10.06%),MSTC Ltd (up 9.98%),Tata Motors Ltd (up 9.03%),Cummins India Ltd (up 8.72%), were the top gainers. Among the other gainers were Kesoram Industries Ltd (up 8.13%), Larsen & Toubro Ltd (up 8%), KNR Constructions Ltd (up 7.89%), PNC Infratech Ltd (up 7.75%), and Ashok Leyland Ltd (up 7.2%).
On the other hand, Salasar Techno Engineering Ltd (down 2.99%), HEG Ltd (down 2.64%), and Jain Irrigation Systems Ltd-DVR (down 1.52%) moved lower.
At 09:48 IST, the S&P BSE Sensex was up 1293.55 or 2.66% at 49894.16.
The Nifty 50 index was up 376.55 points or 2.64% at 14657.75.
The S&P BSE Small-Cap index was up 314.85 points or 1.72% at 18668.17.
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The S&P BSE 150 Midcap Index index was up 129.95 points or 2.1% at 6309.52.
On BSE,1686 shares were trading in green, 471 were trading in red and 104 were unchanged.
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