The benchmark indices ended nearly 1 per cent higher led by gains Infosys, TCS, HDFC Bank, ICICI Bank and ITC.
Among sectoral indices, the Nifty IT index settled 2.03 per cent higher driven by gains in Infosys and TCS. The Nifty Private Bank index, too, ended 1.102 per cent higher steered by YES Bank and Federal Bank.
Shares of Wipro hit 19-year high of Rs 396 apiece, up 4.5 per cent on the BSE in the intra-day trade, after the company fixed March 7, 2019, as the record date to determine eligible shareholders entitled to receive the bonus equity shares. The stock ended at Rs 387, up 2.11 er cent on BSE.
Shares of Neuland Laboratories rallied 18 per cent to Rs 760 apiece in the intra-day trade, soaring 54 per cent in the past two weeks on the BSE, after the company reported an over six-fold jump in net profit at Rs 4.6 crore in December 2018 quarter (Q3FY19). The stock settled at Rs 722.50, up 12.27 per cent