The 30-share BSE benchmark zoomed 1,344.63 points or 2.54 per cent to settle at over one-week high of 54,318.47 points with all of its constituents closing with gains.
Among Sensex stocks, Tata Steel emerged as lead gainer, rising by 7.62 per cent.
The most valuable company Reliance zoomed 4.26 per cent, helping Sensex to close at over one-week high.
Among others, Infosys, ITC, Larsen & Toubro, Wipro, ICICI Bank, HCL Technologies, Bajaj Finance, SBI and Maruti also added to the rally.