Key indices Nifty50 climbed over 100 points to trade above 17,100 levels, whereas the S&P BSE Sensex advanced over 400 points to trade around 58,078 levels.
Broader markets, too, edged higher in trade as Nifty MidCap 100 and Nifty Smallcap 100 indices surged up to 0.9 per cent. Volatility index, India VIX, meanwhile, slipped over 5 per cent.
Barring Nifty Media index, all other sectoral indices swimmed in the sea of green. Nifty Metal, and Nifty PSU Bank indices led the charge.
Besides, shares of Hindustan Aeronautics (HAL) surged over 4 per cent after Defence Acquisition Council (DAC) cleared weapons procurement for capital acquisitions worth Rs 70,500 crore.
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