Benchmark indices ended the day higher, as global cues remained strong on hopes of ECB stimulus in Europe. Markets were also optimistic that the GST Bill would sail through in the winter session of Parliament, which saw fresh buying support.
The Sensex ended the day with gains of 182 points, while the Nifty rallied 52 points in trade. Leading the set of gainers from the Nifty was Sun Pharma which gained a huge 4 per cent on reports that the company was shelving plans to invest in the wind energy business.
Metal stocks had a very good trading session with Tata Steel, Jindal Steel and Hindalco among the gainers.
Banking shares ended the day higher, though Bank of India touched a new life time low of Rs 123.45, during the day.
Shares in DLF gained after promoters hiked their stake in the company. Meanwhile, markets across Asia ended the day higher led by gains in the Seoul Composite and the Taiwan Weighted.