Mumbai, July 30 - Buoyed by a good set of corporate earnings, a key index of the Indian equities markets Thursday closed 214 points higher than its last closing figure.

The futures and options contract for July expired Thursday prompting investors to square off their positions.

The 30-scrip benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened lower at 15,169.23 points, shut shop at 15,387.96 points - 214.5 points or 1.41 percent higher than Wednesday's closing figure.

Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) closed in the positive terrain, 1.28 percent up at 4,571.45 points.

Broader market indices also ended in the green with the BSE midcap index ending 0.54 percent higher and the BSE smallcap index moving up 0.8 percent.

Total traded turnover stood around Rs.124,000 crore. The rally was led by IT, FMCG and banking stocks, while some selling was seen in energy and power stocks.

The market breadth was positive with 1,503 stocks advancing, 1,170 declining and 85 remaining unchanged.

Among the gainers on the Sensex were TCS, up 6.04 percent at Rs.530; Hindustan Unilever, up 5.15 percent at Rs.281.85; Wipro, up 4.68 percent at Rs.488.55 and HDFC, up 4.31 percent at Rs.2,464.75.

Among the losers on the Sensex were Sun Pharma, down 3.