Sensex closed at 49,580.73 higher by 848.18 points or 1.74%. Nifty 50 finished at 14,923.15 up by 245.35 points or 1.67%.
Top gainers on Nifty 50 are - IndusInd Bank surging 7.5% followed by SBI advancing by 6.7% and ICICI Bank strengthening by 4.5%. HDFC Bank and Axis Bank soared by nearly 4% and 3.5% respectively.
Top bears on Nifty 50 were - Cipla and Bharti Airtel diving by 2.3% each, while L&T down 1.9%. SBI Life and Nestle India dipped by 1.4% and 1%.
In terms of sectoral indices, on NSE, Bank Nifty outperformed by 4% and Nifty Financial Services surging over 3%. Auto and Metal index climbed around 2% each.
In the last 24 hours, India registered 2,81,386 new cases. The daily new COVID cases being registered in India are now less than 3 Lakhs after 26 days. 3,78,741 recoveries were registered in the last 24 hours. Also, there is a decline in the Weekly positivity rate is also observed which stands at 18.17%.