Equity benchmark BSE Sensex jumped over 250 points in early trade on Thursday tracking gains in index heavyweights HDFC twins and L&T amid mixed global cues.
After hitting a high of 39,327.15, the 30-share index was trading 143.09 points, or 0.37 %, higher at 39,201.92 in morning trade, and the broader NSE Nifty advanced 30.10 points, or 0.26 %, to 11,634.20.
HCL Tech was the biggest gainer in the Sensex pack, rising over 3 per cent, after the IT major on Wednesday posted a 6.9 per cent rise in its consolidated net profit to Rs 2,711 crore for the September 2019 quarter, and raised its revenue growth forecast to 15-17 per cent for 2019-20 on the back of strong deal pipeline.
TechM, Tata Motors, L&T, Vedanta, Yes Bank, ITC, Bajaj Auto, HDFC twins and Kotak Bank rose too up to 2 %.
On the other hand, Bharti Airtel, Infosys, ONGC, PowerGrid, Bajaj Finance and Hero MotoCorp fell up to 2 %.
In the previous session on Wednesday, the 30-share Sensex ended 94.99 points, or 0.24 %, higher at 39,058.83 and the Nifty advanced 15.75 points, or 0.14 per cent, to settle at 11,604.10.
Foreign institutional investors (FIIs) were net sellers in the capital market, offloading ₹ 213.23 crore on Wednesday, while domestic institutional investors sold shares worth ₹ 137.38 crore, data available with stock exchange showed.
Elsewhere in Asia, bourses in Shanghai, Hong Kong, Seoul and Tokyo were trading on a mixed note.
On Wall Street, stock exchanges finished in the green on Wednesday.
The rupee, meanwhile, appreciated 7 paise against the US dollar to trade at 70.84 in early session.
Brent futures, the global oil benchmark, slipped 0.56 per cent to $60.83 per barrel.
