Sustained heavy buying activity continued to boost the market sentiment and the Bombay Stock Exchange (BSE) Sensex shot up further by 152.52 points to 13,583.23 during midsession.
Heavy buying by funds in frontline shares after firm trend in Asian markets helped the steep rally in several index-based counters.
The 30-share benchmark index opened better at 13,434.58 points and later zoomed to touch 13,583.23 around 2:10 pm, showing a steep rally of 1.14 per cent over the previous close of 13,430.71.
Similarly, at the National Stock Exchange's (NSE) S&P CNX Nifty also shot up by 49.05 points to 3905.20 from 3,856.15 on Monday.
At BSE, RIL, REL, Satyam, TCS, Dr Reddy, Hindalco, Maruti, Bharti Tele, GACL, ITC, Wipro, HLL, Tata Motors, RCOM, L&T, SBI, NTPC, ICICI Bank and ACC were the firm spots.