The Sensex at the Bombay Stock Exchange shot up 467 points, or 2.3 percent, to close at a nearly three-year high of 20,883, on across-the-board buying in blue-chips, amid easing concerns over the US monetary stimulus tapering, and a pick-up in China’s economic growth.

The Nifty at the National Stock Exchange surged 144 points, or 2.4 percent, to 6,189. Stock markets in China, Hong Kong, Singapore and South Korea climbed between 0.2 percent and 1.1 percent.