Mkts cheer,Sensex up over 453 points

The 50-share National Stock Exchange index Nifty surged by 137.35 points at 4,111.40,after touching the day’s high of 4,128.90.

The market also received a booster following upbeat economic data from Singapore and Australia and a surge in investor confidence data in Germany. A better opening at European stock markets and an overnight surge on the Wall Street were other supporting factors.

The realty sector index gained the most,9.38 per cent,to 2,995.16.

The metal sector index was the second-best performer,gaining 5.53 per cent to 10,273.75,as market participants felt the improvement in economic conditions would raise demand for base metals.