In Friday's early trade, both the benchmark indices consolidated on Thursday's positive sentiment and then extended the gains throughout the day. FMCG stocks were the major drivers of the Street with the Nifty FMCG sub-index surging more than 2 per cent during the day.
The PSU Bank sub-index though tanked almost a per cent on an otherwise buoyant day.
The equity market seems to have got over the correction it went through leading to the RBI's decision of holding the key lending rates to existing levels. With the Sensex once again firm above the 33,000-mark, investors would be hoping against another downturn.
ITC, Tata Motors, Sun Pharma and Hindustan Petroleum were the major gainers while Infratel, GAIL, Hero MotoCorp and SBI lost the most.