The Sensex rose more than 250 points in early trade on Thursday, after advances in index heavyweights HDFC twins, Kotak Bank, and Infosys amid a generally favorable trend in global markets.
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In early trade, the 30-share index was up 265.84 points, or 0.43 percent, at 61,525.80. Likewise, the Nifty rose 93.45 points, or 0.51 percent, to 18,360.05.
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Sun Pharma led the Sensex pack with a 2 percent rise, followed by PowerGrid, NTPC, HDFC, Kotak Bank, and M&M. On the other hand, HCL Tech, Tech Mahindra, TCS, and Bharti Airtel were among the laggards.
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The 30-share index down 456.09 points, or 0.74 percent, to 61,259.96 in the previous session, while the Nifty fell 152.15 points, or 0.83 percent, to 18,266.60.
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According to exchange statistics, foreign institutional investors (FIIs) were net sellers in the capital market on Wednesday, offloading shares worth Rs 1,843.09 crore.
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In other Asian markets, Shanghai and Seoul bourses were up in mid-session trade, while Hong Kong and Tokyo were down. In the overnight session, Wall Street stock exchanges mostly concluded on a high note.
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Meanwhile, Brent crude, the international oil benchmark, dropped 0.08 percent to USD 85.75 a barrel. In early trade, the rupee rose 3 paise to 74.85 against the US dollar.