Gland Pharma surged over 7% at Rs1,451.21 per share to emerge among the top two overall gainers list.
Tata Steel, Hindalco, Maruti Suzuki, BPCL, HUL were also among the gainers.
On the upside, Welspun Corp surges near 1.5% amidst the gloom in the sector.
On NSE, the IT index climbed nearly 250 points, while the Banking jumped nearly 150 points
The fiscal year FY23 so far has been robust so far amidst the higher than expected output of goods and services in the economy. For the full year, the indirect tax collections are estimated to be above the original estimates.
Bank Nifty is trading in the green with super gains post strong Q3 results from top banks.
Major Banks like Axis Bank, IDBI Bank, Canara Bank will be in focus today ahead of their Q3 earnings.
On NSE, the Banking index surged nearly 290 points.
Gainers on Nifty were - Power Grid, Tata Motors, Adani Ports, SBI and HDFC Bank.