Investors awaited March quarter GDP growth numbers due later in the day.
Bulls were back with vengeance on Thursday, the expiry day of May futures and options contracts as the late rally helped benchmark indices gained more than 1 percent. The gains were driven by banking & financials, oil & gas stocks and Infosys.
Short covering towards the end of session and the gains in global stocks on easing of political concerns in Italy also lifted market sentiment. Investors awaited March quarter GDP growth numbers due later in the day.
For more, watch the Markets@Moneycontrol show as Moneycontrol Research analyst Shishir Asthana talks to Anchal Pathak about what moved the markets today.