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Sensex and Nifty on Friday posted their biggest intra-day percentage gain in over two years as market sentiment was lifted by a rebound in the rupee, easing crude oil prices and recovery in the global markets as well. Healthy-buying was witnessed across all sectors — barring the IT index — led by banks, auto, realty, metals and oil and gas. The BSE market breadth was bullish with 2,043 companies advancing against 628 declines.

The BSE Sensex, which surged over 800 points to scale an intra-day high of 34,808.42 points, ended Friday’s trade  732.43 points, or 2.15%, higher at 34,733.58 points. Reliance Industries was the top Sensex contributor, adding 120 points, followed by HDFC Bank (+88.34), ITC (+81.49), HDFC (+74.63), Kotak Bank (+64.49), Maruti Suzuki (+54.17) and ICICI Bank (+46.48). TCS remained the only Sensex loser, which closed with losses of over 3%.

The NSE Nifty closed above the crucial 10,450-mark at 10,472.50 points, up 237.85 points or 2.32%. TCS, HCL Technologies, Dr Reddy’s Lab and Tech Mahindra were the only losers on the National Stock Exchange. The Nifty Bank index closed with gains of 2.47% on Friday.