After two days of backlash, the benchmark index of the Bombay Stock Exchange (BSE), Sensex has jumped by 1,481 points to touch 27,452.87 in the morning hours of trade.
The benchmark index of the National Stock Exchange (NSE), Nifty climbed to as high as 8,036.95 compared with its previous close. Gains across sectors, led by financial, consumer goods, IT and pharma stocks, backed the upmove in the markets.
By that time, only six out of the 11 sectoral indices remained in the positive territory, led by automobiles, consumer goods, IT and pharma stocks.
Top percentage gainers were Infosys, Adani ports, Hindustan Unilever, Tech Mahindra, HCL Tech and Dr Reddy's, up between 4.68 per cent and 8.05 per cent. On the other hand, IndusInd Bank, Titan, Bharti infratel, Bharat Petroleum and Larsen & Toubro - down between 3.27 per cent and 9.99 per cent - were the top Nifty laggards.
Top gainers were Infosys ups 7.24 percent to Rs.564, HUL jumps by 5.72 per cent to Rs.1976, Adani ports up by 5.13 percent to Rs.218, Tech Mahindra gained by 4.12 percent to Rs.507.