Equity benchmarks Sensex and Nifty advanced nearly 1 per cent each on Thursday following positive trends in global markets. The 30-share BSE Sensex climbed 427.49 points or 0.80 per cent to settle at 54,178.46.
During the day, it rallied 503.82 points or 0.93 per cent to 54,254.79.
The NSE Nifty advanced 143.10 points or 0.89 per cent to close at 16,132.90.
Among the Sensex pack, Titan, Tata Steel, Larsen & Toubro, IndusInd Bank, M&M, ICICI Bank and Kotak Mahindra Bank were among the major gainers. Dr Reddy's Lab, Nestle, Reliance Industries, Bharti Airtel, Hindustan Unilever and Bajaj Finance were among the laggards.