Additionally, hopes of further liquidity infusion into the Non Banking Financial Companies (NBFC) sector buoyed investors sentiments and broke the market’s range-bound movement.
Consequently, the S&P BSE Sensex settled 130.77 points or 0.36 per cent higher at 35,980.93 points after it shuttled 280 points between a high of 36,037.35 and a low of 35,753.95.
The NSE Nifty50 closed 30.35 points, or 0.28 per cent up at 10,802.15 points.
Stock-wise, the top gainers on Sensex were Sun Pharma, State Bank of India, ICICI Bank, Tata Motors and Yes Bank.
In contrast, Kotak Mahindra Bank, Bajaj Finance, HDFC Bank, Mahindra & Mahindra and Hindustan Uniliver finished at the bottom.