Mumbai, Mar 29 Rising for the second in a row day, the BSE Sensex vaulted more than 127 points while the NSE Nifty completed over the 11,600-mark Friday on substantial purchasing in auto and metal stocks in the midst of tenacious outside store inflows and positive worldwide leads.
The 30-share Sensex began off on a strong footing at 38,675 points and touched a high of 38,748.54 before winding up at 38,672.91, recording an ascent of 127.19, or 0.33 percent.
The 50-share NSE Nifty shut down at 11,623.90, higher by 53.90 points, or 0.47 percent, in the wake of floating somewhere in the range of 11,630.35 and 11,570.15.
In the Sensex pack, Vedanta rallied 3.20 percent, followed by Tata Steel, M&M, Tata Motors, ONGC, Hindustan Unilever, Maruti, Hero MotoCorp, HDFC, Bajaj Finance, SBI, HDFC Bank, HCL Tech, Coal India, Sun Pharma, Infosys, Reliance and Bharti Airtel, ascending to 2.69 percent.
Then again, IndusInd Bank emerged as the top failure, dropping 2.08 percent.
Other major laggards were ITC, Bajaj Auto, ICICI Bank, Axis Bank, Asian Paints, PowerGrid, NTPC, Kotak Bank and L&T, shedding up to 1.10 percent.
Experts attributed the continuing market rally to robust investor sentiment driven by sustained foreign fund inflows, stronger rupee, and a possible positive result of the US-China trade talks.
Trade talks with China are advancing "very well", US President Donald Trump stated, as top mediators from the two nations Thursday started another round of gatherings to determine their levy war.
The Indian rupee Friday increased in value by 13 paise to 69.17 against the US dollar intra-day.
Meanwhile, foreign institutional investors (FIIs) bought shares worth a net of Rs 3,594.51 crore on Thursday, provisional data available with BSE showed.
Somewhere else in Asia, Hong Kong's Hang Seng rose 0.96 percent, Shanghai Composite Index was soared 3.20 percent, Korea's Kospi increased 0.59 percent, and Japan's Nikkei finished 0.82 percent higher.
In the Eurozone, Frankfurt's DAX gained 0.37 percent, Paris CAC 40 rose 0.61 percent and London's FTSE was up 0.58 percent in early deals.
Global oil benchmark Brent rough fates rose 0.44 percent to USD 68.12 per barrel.
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