Mumbai, Jan 3 (IANS): Indian equities markets shot up in morning trade Tuesday with a benchmark index gaining over 292 points amid robust buying in metals, realty and banking stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 15,640.56 points, was ruling at 15,810.07 points, 292.15 points or 1.88 percent up, from its previous close at 15,517.92 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange also shot up and was ruling at 4,720.65 points, up 1.81 percent or 83.9 points from its previous close.

Broader markets also gained with the BSE 500 index soaring 1.75 percent. The BSE midcap index rose 1.42 percent while the BSE smallcap index was ruling 1.55 percent higher.

All 13 sectoral indices on the BSE were in the green.

The market breadth was positive with 1,576 stocks advancing, compared to 454 on the decline. Another 73 remained unchanged.

Prominent gainers on the 30-scrip Sensex included Coal India, Tata Motors, Tata Steel and Tata Power.

Majority of the Asian markets were closed on account of holidays. Hong Kong's Hang Seng moved up 2.05 percent to trade at 18,812.69 points.