ONGC rose the most among Sensex stocks by 3.66%. Reliance Industries shot up by 3.40%.
Better quarter earnings by leading IT companies further supported the market sentiment. HCL Technologies on Thursday posted better-than-expected profit in October-December. HCL Tech rose by 4.31%. Infosys jumped by 0.91% as foreign investors remained net buyers of Indian stocks for the 13th straight day.
The sentiment was also boosted following consistent buying by Foreign Institutional Investors, who bought shares worth net R1,029.50 crore on Wednesday.