The 30-share benchmark index ended the trade at 24870.69, higher by 401 points, while the NSE Nifty was at 7563.55, up by 138 points.
On the global front, Asian peers ended the day on a positive note. Meanwhile, European counters were also trading firm.
Check the top gainers and losers in BSE & NSE stock market today.
Jewellery and watches major Titan Company has reported 18.11 per cent increase in its net profit to Rs 225.29 crore for the third quarter ended December 31, 2015.
The stock ended the day at Rs 365, higher by 7.47 per cent on BSE. It touched an intraday high at Rs 366 during the trade.
India's largest gold financing company, has reported a 21 per cent rise in net profit at Rs 187 crore for the quarter ended December, 2015.
The stock ended the day at Rs 192, higher by 3.13 per cent on BSE. It touched an intraday high at Rs 192 during the trade.
The Reserve Bank of India (RBI) on Thursday allowed PC Jeweller to increase foreign institutional investors (FIIs) investment up to 49 per cent of the paid up capital of the company.
The stock ended the day at Rs 418, higher by 0.11 per cent on BSE. It touched an intraday high at Rs 433 during the trade.
Shares in ICICI Bank came crashing down by a near 6 per cent, as non performing assets soared and the bank expected another quarter of pain in its Q3 numbers reported after market hours on Thursday.
The stock ended the day at Rs 228, lower by 1.17 per cent on BSE. It touched an intraday low and 52-week low at Rs 216 during the trade.