Benchmark indices closed sharply higher as the Sensex was up 469.87 points or 1.44 percent at 33,066.41 and the Nifty gained 132.65 points or 1.33 percent at 10,130.70.
About 1,558 shares declined against 1,193 advancing shares on the BSE.
HDFC Bank, HDFC, SBI, ICICI Bank, L&T, Yes Bank, Reliance Industries, Bajaj Finance, Hindalco, UltraTech Cement and Maruti Suzuki rallied up to 6 percent.
HEADLINES OF THE DAY
JSW Steel signs Memorandum of Cooperation to invest $500mn in USA
Dr. Reddy's launches generic of Aloxi injection in US
Granules India - Gagillapur clears USFDA audit, Jeedimetla receives one observation.
The crucial resistance for Nifty spot is now seen at 10190 and above this 10270. Support for the immediate term is now placed at 9950 next support will be 9880.
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