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The 30-share BSE Sensex gained momentum in late-afternoon trade to close 660.68 points or 1.38 percent higher at 48,544.06.
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ONGC was the top gainer in the Sensex pack, rising over 3 per cent, followed by M&M, PowerGrid, Bajaj Finance, L&T, ICICI Bank and Bajaj Finserv.
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Asian currencies were mostly weaker this Thursday and could cap gains for the local unit.
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Bajaj Finance was the top loser in the Sensex pack, shedding around 2 per cent, followed by Asian Paints, ICICI Bank, Kotak Bank, HDFC Bank and Reliance Industries.
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On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 407.35 points higher at 50,069.11.
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HDFC was the top gainer in the Sensex pack, rising around 2 per cent, followed by Bajaj Finserv, Tech Mahindra, UltraTech Cement, ICICI Bank, SBI and Infosys.
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Reliance Industries was the top gainer in the Sensex pack, rising over 2 per cent, followed by Bharti Airtel, PowerGrid, UltraTech Cement, Dr Reddy's, IndusInd Bank and ONGC.
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On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 270.03 points higher at 49,429.35.
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PowerGrid was the top gainer in the Sensex pack, rising over 2 per cent, followed by M&M, NTPC, IndusInd Bank, Bajaj Finance.
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Markets opened gap down following strict guidelines issued in Maharashtra amidst rising coronavirus cases with financial and rate-sensitive stocks taking indices down.
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IndusInd Bank was the top laggard in the Sensex pack, shedding over 3 per cent, followed by Bajaj Finance, Axis Bank, SBI, Bajaj Auto.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.07 per cent to 92.78.
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L&T was the top gainer in the Sensex pack, rising over 2 per cent, followed by Bajaj Finserv, M&M, Tech Mahindra, NTPC, Asian Paints, ICICI Bank and HDFC duo.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.03 per cent to 92.55.
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IndusInd Bank was the top loser in the Sensex pack, shedding around 2 per cent, followed by Maruti, SBI, Axis Bank, Bajaj Finance, Reliance Industries, Infosys and HDFC Bank.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.09 per cent to 92.42.
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ONGC was the top loser in the Sensex pack, shedding around 2 per cent, followed by SBI, ICICI Bank, IndusInd Bank, Reliance Industries and Infosys.
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Global oil benchmark Brent crude futures fell 0.94 per cent to USD 64.01 per barrel.
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IndusInd Bank was the top gainer in the Sensex pack, rising around 2 per cent, followed by Axis Bank, HDFC Bank, ICICI Bank, UltraTech Cement and Maruti.
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Foreign portfolio investors (FPIs) have bought close to a net USD 2.5 billion worth of Indian equities so far this month.
