Equity benchmark BSE Sensex rose 266 points on Thursday, led by metal, auto and financial stocks amid positive global market sentiment after U.S Federal Reserve Chairman Jerome Powell hinted at a rate cut later this month.
After rising as much as 335 points during the day, the 30-share index settled 266.07 points or 0.69 per cent higher at 38,823.11.
The index hit an intra-day high of 38,892.50 and a low of 38,631.31.
Similarly, the broader NSE Nifty ended 84 points, or 0.73 per cent, higher at 11,582.90. During the day, it touched a high of 11,599 and a low of 11,519.50.
Hero MotoCorp was the top gainer in the Sensex pack, spurting 4.46 per cent. IndusInd Bank, Tata Motors, Vedanta, SBI, M&M, Sun Pharma, Tata Steel and HDFC twins too rose up to 3.63 per cent.
On the other hand, Tech Mahindra, Yes Bank, TCS, L&T, Axis Bank and NTPC fell up to 1.27 per cent.