Benchmark indices closed the trading session on a higher note amid firm global cues, along with rate-sensitive sectors leading the rally.
Rate sensitive shares rose after the RBI chief Duvvuri Subbarao said that "perhaps" there was a need to reduce the reserves that banks have to set aside via the cash reserve or the statutory liquidity ratios.
The 30-share Sensex closed at 19,230 mark up 283 points whereas the 50-share Nifty ended higher by 87 points at 5,699 levels.
The Sensex and Nifty have touched an intra-day high of 19,160 and 5,677 levels, respectively.
The Sensex and 50-unit CNX Nifty, both, hit one-week high.
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