Sensex was up 508.06 points or 1.06% at 48386.51, and the Nifty was up 143.60 points or 1.00% at 14485. About 1841 shares have advanced, 1094 shares declined, and 216 shares are unchanged. Axis Bank, UltraTech Cement, ICICI Bank, JSW Steel and Grasim Industries were among major gainers on the Nifty, while losers were Cipla, Britannia Industries, HCL Technologies, BPCL and HDFC Bank.

Sensex was up 508.06 points or 1.06% at 48386.51, and the Nifty was up 143.60 points or 1.00% at 14485. About 1841 shares have advanced, 1094 shares declined, and 216 shares are unchanged. Axis Bank, UltraTech Cement, ICICI Bank, JSW Steel and Grasim Industries were among major gainers on the Nifty, while losers were Cipla, Britannia Industries, HCL Technologies, BPCL and HDFC Bank.