Sectorally, all but the Nifty Realty index ended the session in the green led by the Nifty Auto index (up 3.4 per cent).
Titan (up 6 per cent), Bajaj Finserv, Bajaj Auto, Divis Labs, SBI, Hindalco, and Hero MotoCorp were the top gainers on the 50-pack index
India's market capitalization has surged 37% this year to $3.46 trillion, according to an index compiled by Bloomberg.
The Nifty Bank index hit a new liftime high of 38,495 in the intra-day trade before closing 1.4 per cent higher at 38,294 levels
The S&P BSE Information Technology Index has gained more than 48% this year, trouncing the Nasdaq 100's performance by about 31 percentage points and heading for the biggest annual beat since 2009
The central bank also retained the GDP growth forecast at 9.5% for the on-going fiscal year and revised CPI inflation projection downward to 5.3% which also supported sentiment
In the broader market, the BSE MidCap and SmallCap indices added 1.7 per cent and 1.4 per cent, respectively
In the past one month, the S&P BSE Power Index has gained over 6 per cent, outperforming the S&P BSE Sensex that has moved up around 1 per cent
Stock Market LIVE: The HDFC twins and Bajaj Finance are the major contributors for the Sensex 30, while Reliance Industries, ICICI Bank, Asian Paints and Infosys are the key draggers
US bond yields, crude oil price, Chinese power crunch, dragged indices lower on Tuesday. Will bears tighten their grip on the markets today or will market bulls wrestle their way back on Dalal Street?
The 60,000 mark is proving to be a volatile level for the Sensex. On the other hand, the Nifty50 index came within striking distance of the 18,000-mark in the preceding two trading sessions
Why aren't all ministries on the same page over new draft e-commerce rules? Is Sensex set for a correction after 60k? Who are biggest climate change drivers? Listen to this podcast to get the answers
Expensive valuations and a cautious global mood given the developments in China and the possibility of a third Covid wave may trigger mild profit booking in days ahead
Sensex past the 60,000 mark for the first time on Friday. Even as the weak global sentiment tempered the mood, the bulls managed to hold their ground
NSE Nifty settled the day in the red ahead of the FOMC outcome later today
On the weekly basis, the benchmark indices gained, thus taking their winning run to the fourth straight week
Is the economic recovery at the cost of the middle class? Will Jet Airways' take-off after a lull be smooth? Is stock frenzy based on irrational exuberance? Listen to this podcast for answers
RIL, ITC and bank stocks contributed to the gains on benchmarks while metals and IT names languished
Both Sensex and Nifty hit fresh record highs in intra-day deals on Wednesday
Interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent