Massive buying across sectors pushed the benchmark Nifty above 5450 with the addition of 150 points while the Sensex surged more than 450 points at 14:55 hours - the reasons could be positive global cues, short covering and value buying after a deep cut seen in previous three weeks.

Capital Goods was the leading sector today with 5% jump followed by Auto, Metal, Bank, Power and FMCG indices with 3-4% gain. Realty, IT, Healthcare and Oil & Gas indices rose 1-2.5%.

The 50-share NSE Nifty rallied 148 points to 5,458 and the 30-share BSE Sensex went up by 472 points at 18,200. The BSE Midcap and Smallcap indices were up 3.5-4%.

Among frontliners, Tata Motors, L&T, Jaiprakash Associates, Hero Honda, SBI, Suzlon Energy and Kotak Mahindra Bank were top gainers with 4-6% rally. However, only two stocks were in red amongst Nifty 50 - Reliance Communications was down 0.72% and Siemens down 0.27%.

In midcap space, Manappuram, KEC International, PTC India, Ramky Infra and United Breweries gained 12-18% while Sunteck Realty, Patel Engg, Hind National Glass, Godfrey Phillip and SpiceJet fell 2-10%.

In smallcap space, Geodesic, OM Metals Infra, A.K.Capital, Nitesh Estates and Jindal Cotex shot up 15-20%. However, Dishman Pharma, R M Mohite, India Securities, Himatsingka Seide and Lumax Inds slipped 4-9%.

Breadth was very solid - about 2415 shares advanced as against 486 shares declined on Bombay Stock Exchange.