The 30-share benchmark index ended the trade at 24606.99, higher by 364.01 points, while the NSE Nifty was at 7475.60, up by 106.75 points.
On the global front, Asian indices ended the day on mixed note. While, European counters were hovering in red.
Central Bank of India said its board has approved raising over Rs 165 crore by issuing additional equity shares to insurance giant LIC on preferential basis, reports PTI.
The stock ended the day at Rs 67.55, higher by 2.27 per cent on BSE. It touched an intraday at Rs 70.20 during the trade.
Shares of Bharat Forge rose after Life Insurance Corporation (LIC) hiked stake in the company in 2.02 per cent.
The stock ended the day at Rs 826, higher by 4.60 per cent on BSE. It touched an intraday at Rs 831 during the trade.
Quick Heal Technologies has bagged 2016 excellence in Information Security Testing Award for successful completion of five years of continuous ICSA Labs information security testing.
The stock ended the day at Rs 236, higher by 19.99 per cent on BSE. It touched an intraday at Rs 236 during the trade.
Shares of Sun Pharma Advanced Research Company (SPARC) rose ahead of the board meet on March 5, 2016 for the proposed rights issue.
The stock ended the day at Rs 291, higher by 4.05 per cent on BSE. It touched an intraday at Rs 300 during the trade.