Sensex saw thumping gains of 500 points and the broader markets also notched up significantly.

Cues from Asia were encouraging with most of the Asia ending in green. But Europe was trading flat to negative. Strength was coming in from all quarters and the breadth is looking very smart.

Heavy buying was seen in capital goods, metals, oil & gas and realty stocks. All the key BSE indices ended in green. Market breadth was positive and the volume was also impressive. On the macroeconomic front, inflation came in at 3.07% same as the previous week.

L&T''s bockbuster numbers took the stock up over 12%. Its net profit up 73% at Rs 348 crore.

SBI was up over 5%, followed by BHEL and M&M up over 3%. Reliance, Hindalco, GAIL, HDFC, Reliance Energy, Sterlite Ind, Siemens, ACC, ITC were among the other gainers.

Sensex ended up 472.28 points or 2.52% at 19243.17, and the Nifty up 133.35 points or 2.39% at 5702.30.