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At the close in NSE, the Nifty 50 rose 3.17%, while the BSE Sensex 30 index gained 3.25%.
The best performers of the session on the Nifty 50 were AXIS Bank Ltd (NS:AXBK), which rose 14.24% or 48.60 points to trade at 389.90 at the close. Meanwhile, ICICI Bank Ltd (NS:ICBK) added 8.95% or 26.20 points to end at 318.90 and Wipro Ltd (NS:WIPR) was up 6.89% or 13.00 points to 201.80 in late trade.
The worst performers of the session were Sun Pharmaceutical Industries Ltd. (NS:SUN), which fell 1.95% or 8.95 points to trade at 450.20 at the close. UltraTech Cement Ltd (NS:ULTC) declined 1.44% or 54.60 points to end at 3731.40 and Zee Entertainment Enterprises Ltd. (NS:ZEE) was down 1.00% or 1.65 points to 163.55.
The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 14.15% to 389.70, ICICI Bank Ltd (BO:ICBK) which was up 8.97% to settle at 318.80 and HDFC Bank Ltd (BO:HDBK) which gained 5.91% to close at 903.80.
The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 1.85% to 450.55 in late trade, UltraTech Cement Ltd (BO:ULTC) which lost 1.42% to settle at 3730.00 and Titan Company Ltd (BO:TITN) which was down 0.71% to 886.85 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 932 to 575 and 80 ended unchanged; on the Bombay Stock Exchange, 1314 rose and 901 declined, while 154 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.63% to 31.2725 a new 1-month low.
Gold Futures for June delivery was down 0.50% or 8.45 to $1697.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.99% or 0.34 to hit $34.01 a barrel, while the July Brent oil contract fell 1.41% or 0.51 to trade at $35.66 a barrel.
USD/INR was up 0.23% to 75.609, while EUR/INR rose 0.61% to 83.3280.
The US Dollar Index Futures was down 0.11% at 98.793.
