Closing bell: Sensex zooms 1,128 points, IT and metals join bull bandwagon

Equity benchmark indices were on upswing through the trading session on March 30 and closed nearly 2.5 per cent higher with IT, metals, pharma and FMCG stocks witnessing substantial gains.

The BSE S-P Sensex closed 1,128 points or 2.3 per cent higher at 50,137 while the Nifty 50 edged higher by 338 points or 2.33 per cent to 14,845.

Except for Nifty realty which dipped marginally, all other sectoral indices at the National Stock Exchange were in the green with NiftyIT up by 2.9 per cent, metal by 2.8 per cent, pharma by 2.7 per cent and FMCG by 2.2 per cent.

Among stocks, JSW Steel gained by 4.9 per cent to Rs 467.35 per share while Tata Steel was up by 4.2 per cent to Rs 799.50.