Closing bell : BSE Sensex rose to 718 points, Nifty settles at 10,250

The BSE Sensex closed 718.09 points, or 2.15%, up at 34,067.40, while the Nifty 50 ended 221.30 points, or 2.21%, higher at 10,251.30. Intraday, the Sensex surged 805.29 points to 34,154.60 and the Nifty 50 gained 245.03 points to 10,275.30.

ICICI Bank, SBI, Adani Ports, Indiabulls Housing Finance and Dr Reddy’s Labs were among the top gainers on the key indices, whereas IndusInd Bank, HDFC Bank, Kotak Bank and Bharti Airtel were among the major losers.