The 30-share Sensex surged 267 points to end at 28,335 and the 50-share Nifty gained 75 points to close at 8,477.
The Sensex and the Nifty hit all time high of 28,361 mark and 8,490 levels, respectively
The stock slipped below its floor price of Rs 108.18 fixed for the proposed delisting offer.
The bank has fixed December 5 as the record date for its proposed stock split.
Titagarh Wagons surged 6% to Rs 317, while Texmaco Rail & Engineers up 3% at Rs 120 on BSE.