Sensex was up 557.63 points or 1.15% at 48,944.14, and the Nifty was up 168 points or 1.16% at 14653. About 1915 shares have advanced, 984 shares declined, and 158 shares are unchanged. Hindalco Industries, Tata Steel, Larsen and Toubro, Divis Labs and Bajaj Finance were among top gainers on the Nifty, while losers included HDFC Life, SBI Life Insurance, Maruti Suzuki, Nestle and Kotak Mahindra Bank.

Sensex was up 557.63 points or 1.15% at 48,944.14, and the Nifty was up 168 points or 1.16% at 14653. About 1915 shares have advanced, 984 shares declined, and 158 shares are unchanged. Hindalco Industries, Tata Steel, Larsen and Toubro, Divis Labs and Bajaj Finance were among top gainers on the Nifty, while losers included HDFC Life, SBI Life Insurance, Maruti Suzuki, Nestle and Kotak Mahindra Bank.