Markets ended the day higher as Asian markets continued to stage a strong recovery and European stocks bounced back for the third day in a row.
The Sensex ended the day with gains of 145 points while the Nifty rallied 40.60 points in trade.
Shares in Equitas Holdings soared after the company said that it has received final approval for small finance bank licence by RBI.
Heavyweight ITC saw its shares rally after the company's shares went ex bonus today. ITDC on the other hand lost ground after the Govt said it was considering divesting 12.03 per cent stake in ITDC.
Meanwhile, the rupee staged a solid rally against the US dollar and was last trading at 67.50 to the US dollar. Check and convert currency rates here