Market benchmark Sensex rallied over 600 points in early trade on Thursday.
At 10:15 am, the 30-share BSE index was trading 110.47 points higher at 49,844.31 in initial deals. Similarly, the broader NSE Nifty surged 48.75 points to 14,913.30.
IndusInd Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by Axis Bank, Bajaj Finance, Bajaj Finserv, ONGC, Kotak Bank and Reliance Industries.
On the other hand, Nestle India, HCL Tech and Sun Pharma were the laggards.