Indian markets ended the day higher amid hopes that Reserve Bank of India may cut rates gain in its upcoming policy meet early next month.
Sensex ended the day above the 28,000 points on buying in IT stocks which fueled a fresh rally on the bourses.

Here are some stocks which made news in today's market:
Shares of Maruti Suzuki rose 3 per cent on Wednesday to hit a record high after Credit Suisse, a froegn brokerage raised target price for the stock. The brokerage also suggested a higher potential of 26 per cent on the counter.
The stock ended the day at Rs 4,155, higher by 2.63 per cent on BSE. T touched an intraday high and 52 week high at Rs 4182 during the trade.
Shares in SUN TV fell almost 3 per cent after reports that the company's application maybe rejected to participate in the next stage of radio auctions.
The stock ended the day at Rs 267, lower by 4.23 per cent on BSE. It touched an intraday low of Rs 266 during the trade.
Despite the heat in China market, Tata Motors recovered the previous loses and ended the day with gains on Wednesday.
The stock ended the day at Rs 394, higher by 2.22 per cent on BSE. It touched an intraday high of Rs 395 during the trade.
Shares of Zee Entertainment rose nearly 1 per cent in early trade on Bombay Stock Exchange (BSE) after the company posted a 15.4 per cent year on year (yoy) growth in consolidated net profit at Rs 242 crore for the quarter ended June 30, 2015.
The stock ended the day at Rs 375, higher by 0.29 per cent on BSE. It touched an intraday high of Rs 385 during the trade.
Shares DCB Bank extending its previous day's 3.8% fall on the BSE, after the bank posted poor results.
The stock ended the day at Rs 133, lower by 5.87 per cent on BSE. It touched an intraday low of Rs 132 during the trade.
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