The 30-stock Sensex surged more than 700 points and settled at 65675.93, while the 50-stock Nifty added more than 230 points and ended well above the 19650-mark.
Indian stocks have risen about 7% this year, outpacing their peers in Asia and emerging markets, as growth in earnings and the economy lured local and global investors. India VIX, a gauge of expected stock-price swings, has slumped 25% so far this year to near its historical low.
IPO review: Kaynes Technology India, Global Health, Cyient DLM, Plaza Wires, and Senco Gold are among the top 10 mainboard IPOs since last Diwali. PNGS Gargi Fashion Jewellery, RBM Infracon and Bondada Engineering are among the top 10 SME IPOs.