The S&P BSE Sensex gained 200 points, or 0.4 per cent, at 46,150 levels and the Nifty50 index topped the 13,500-mark. ONGC (up 6%) was the top Sensex gainer, followed by NTPC, Tata Steel, and Bajaj Finance (all up 1%).
Meanwhile, shares of UPL rose 3 per cent after the management clarified that the matter flagged by a whistleblower was an old matter and was reported to the audit committee in 2017. After an independent probe, the matter was closed, it said
All the Nifty sectora indices were trading in the green, led by Nifty PSU Bank index, up 1.6 per cent.
In the broader market, the S&P BSE MidCap and SmallCap indices were up 0.6 per cent and 0.9 per cent, respectively.