The BSE Sensex closed at 49,797.72, with gains 1197.11 points or 2.46 percent.

 The Nifty50 closed at 14,647.85, with gains of 366 points or 2.57 percent.

The NiftyBank closed at 34,267.90, with gains 1178.85 pints or 3.56 percent, and  hit a fresh record high of 34,652.

 NIFTY50:.

The Nifty50 opened a gap-up opening at 14,481.10 and remained strong throughout the session to hit an intraday high of 14,731.70. The index end of the session closed at 14,647.90 levels, with gained 366.70 points or 2.57 per cent.
 The index formed a bullish candle on the daily charts as closing was higher than opening intraday levels. 
 On the Nifty options opens front, the index  witnessed noticeable Put option writing at 14,000 and 14,600 strikes. Some Call option writing was visible at 15,000 and 14,700 strikes, followed by unwinding in 14,000 to 14,500 strikes. Maximum Put option open interest was at 14,000 followed by 13,500 strike, while maximum Call option open interest was at 15,000 followed by 14,500 strike. Nifty options data indicated that Nifty could see a wider trading range at 14,300 to 15,000 levels.

BANK NIFTY:
Bank Nifty opened gap-up at 33,589.05 and continued its positive momentum through out end of the day. It registered a new record high 34,652.50 levels, and end of the session closed at 34,652.50 levels, with gains of 1,178.80 points or 3.56 per cent.
Bank nifty index forming a bullish candle for the last two trading session.The index to hold 33,500 levels to witness an up move towards 35,000 zones, while on the down side support is seen at 33,500 and then 33,000, analyst said.
NIFTY TOP 5 GAINERS AND LOSER:
GAINERS: TATAMOTORS, SHREECEM, ULTRACEMCO, SBIN and UPL.
LOSERS: HDFCLIFE, BAJAJFINSV, HEROMOTOCO, HINDUNILVR and SBILIFE.