The S&P BSE Sensex settled at 78,699, up by 226.6 points or 0.29% while the broader Nifty 50 index closed at 23,813.40, higher by 63.20 points or 0.27%.
Banking gauge Nifty Bank settled at 51,311.30, up by 0.27%.
Nifty's breadth was skewed in favor of the bulls as 20 stocks in the Sensex pack ended in the green, while 10 ended up in the red. The top gainers were Mahindra & Mahindra (M&M), IndusInd Bank, Tata Motors, Bajaj Finance and Bajaj Finserv.
The top losers were the State Bank of India, Tata Steel, Adani Ports and UltraTech Cement.
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