An across the board buying — especially in index heavyweights Reliance Industries and HDFC — drove the Indian marketplaces greater, in line with the Asian indices, on Monday.

The S&P BSE Sensex jumped 554 points, or 1.seventy seven per cent, to 31,880. The Nifty50 index surpassed 9,three hundred amounts. Amongst person stocks, Reliance Industries and HDFC were being equally up 2 per cent just about every although IndusInd Financial institution was up three per cent. Mindtree rose as considerably as seven.five per cent in early specials just after declaring its March quarter final results.

All the Nifty sectoral indices were being in the environmentally friendly, led by Nifty IT index, up 2 per cent.

IndusInd Financial institution and Ambuja Cements are scheduled to announce their March quarter final results today.

Asian shares inched greater in today’s early trade. MSCI’s broadest index of Asia-Pacific shares exterior Japan rose .1 per cent in early trade. Japan’s Nikkei and South Korea’s Kospi equally attained over 1 per cent just about every. In commodities, Brent crude futures firmed forty five cents to $21.89 a barrel.