Brokers said investors created new positions following the beginning of the October futures and options (F&O) series leading to the recovery in the market. Moreover, data showing fresh buying by foreign institutional investors on the Indian bourses on Thursday buoyed sentiment. Major gainers were IndusInd Bank, Asian Paints, ITC, HDFC, Axis Bank, Adani Ports, HDFC Bank, ICICI Bank, ONGC, Tata Motors, RIL and Kotak Bank, gaining up to 1.66 per cent.
However, Yes Bank emerged the worst performer in the Sensex kitty, plunging 7.82 per cent. Also, Bharti Airtel, M&M, Hero MotoCorp, Tata Steel and Vedanta shed up to 3.36 per cent. A firming trend elsewhere in Asia led by Japan, tracking healthy lead from Wall Street after the upbeat US economic data, accelerated buying activity at the domestic bourses here, they added.
Japan's Nikkei moved 1.70 per cent higher, while Hong Kong's Hang Seng gained 0.59 per cent in early trade. China's Shanghai Composite Index too rose 0.93 per cent. The US market ended 0.21 per cent higher Thursday.