Closing Bell : The BSE Sensex closed 550.92 points, or 1.63%, up at 34,442.05, while the Nifty 50 ended 188.20 points, or 1.85%, higher at 10,386.60. The BSE MidCap and SmallCap indices rose 1.56% and 1.38%, respectively.
All the sectoral indices on BSE, except metal, posted gains with IT and teck rising over 3% followed by finance, consumer durables and healthcare, which advanced over 2%. Metal declined 1.4%.
HDFC, IndusInd Bank, Infosys, Yes Bank, Tech Mahindra and Indiabulls Housing Finance were among the top gainers on the key indices, whereas
Coal India, Tata Steel, Dr. Reddy’s Labs, Maruti and Adani Ports led losses.