The 30-share benchmark index ended the trade at 24616.97, higher by 278.54 points, while the NSE Nifty was at 7489.10, up by 85.10 points.
On the global front, Asian peers ended the day on a mixed note.Meanwhile, European counters were also trading on a subdued note with FTSE and CAC trading marginally higher.
Mphasis has reported a 7.2 per cent increase in its consolidated net profit at Rs 173.6 crore for the third quarter ended December, 31, 2015.
The stock ended the day at Rs 439, lower by 3.05 per cent on BSE. It touched an intraday low at Rs 436 and high at Rs 454 during the trade.
Leading microfinance company, SKS Microfinance has said that it has completed its fourth securitization transaction of Rs. 651.80 crore in FY16.
The stock ended the day at Rs 567, higher by 5.56 per cent on BSE. It touched an intraday high at Rs 567 during the trade.
Shares in Tata Steel recovered lost ground, after falling a huge 4 per cent, after its quarterly numbers were a huge disappointment to the markets.
The stock ended the day at Rs 236, higher by 4.36 per cent on BSE. It touched an intraday high at Rs 239 during the trade.
Eicher Motors said its Nomination and Remuneration Committee of Board of Directors has granted 4,200 options under ESOP scheme of the company.
The stock ended the day at Rs 18155, higher by 7.17 per cent on BSE. It touched an intraday high at Rs 18490 during the trade.
RPP Infra Projects said that it has received an order worth Rs 122.2 crore in Joint Venture with Ramalingam Construction Company from Karnataka Neeravari Nigam (A Government of Karnataka Enterprise).
The stock ended the day at Rs 131, higher by 1.62 per cent on BSE. It touched an intraday high at Rs 134.90 during the trade.