A notable rise in heavy weight index linked shares helped the Delhi Stock Exchange senstive index to record a jump of 18.28 points to settle at 982.84.Marketmen said foreign instituional buying led to some of the sofware industry shares hitting the upper limit price band. They said the buying wave was quite strong and easily absorbed any selling of square up nature by brokers as today was the last day of current settlement on Delhi and Mumbai stock exchanges.

Sentiment of the market improved as foreign funds returned to pick select shares, particularly of IT segment and brought back confidence among general investors, said DSE member broker Rajiv Malik.

He said reports that foreign funds were net buyers in the first three days of this month and picked shares worth Rs 30.5 crore on Indian bourses, came as a shot in the arm.

Malik said the firmness in the trend might continued inthe special +murat+ trading session for Diwali on Sunday between 1900 to 2030 hrs.The DSE will remain closed on Monday for diwali festival and special trading session would be included in next settlement.

On the Natiotal Stock Exchange, pivotals displayed a further rise. The stocks rose further sharply on the last day of the samvat year 2053 on heavy purchases by foreign institutional investors. The S&P Cnx nifty index, after a weak start at 1336.75, recovered smartly to touch an intra-day high of 1369.65, before closing at 1364.55, displaying a good gain of 27.75 over the last close of 1336.80.

The Cnx nifty junior rose by 74.30 to 2624.35 from the previous close of 2550.05. S&P Cnx defty at hardened by 21.90 to 1089.05 from yesterday's close of 1067.15. S&P Cnx 500 and cnx midcap 200 rose by 21.25 and 19.80 respectively to end at 994.70 and 892.05 from their previous day's close of 973.45 and 872.25 respectively. In the market, 629 securities advanced, 393 declined and 55 held steady. 69 securities had hit their price bands.The total turnover was Rs 3,215.35 crore from 918.10 lakh sahres and in 3,79,800 trades. Debentures traded value was Rs. 3.00 lakh. The most actively traded securities were Satyam Computer with a turnover of Rs 490.07 cr, Ranbaxy Rs 405.83 cr, Pentsfware Rs 218.24 cr, Reliance Rs 217.15 cr, Zee Tele Rs 190.10 cr and Silverline Rs. 183.65 cr.