Sensex was up 917.07 points or 2.30%
Benchmark indices rallied for the second consecutive day on February 4, which helped to erased all the Budget day losses with Nifty ended above 11,950 level.
At close, the Sensex was up 917.07 points or 2.30% at 40,789.38, while Nifty was up 271.80 points or 2.32% at 11,979.70. About 1590 shares have advanced, 875 shares declined, and 178 shares are unchanged.
Titan Company, IOC, Bharti Infratel, Bajaj Finserv and BPCL were among major gainers on the Nifty, while losers include Zee Entertainment, Bajaj Auto, Yes Bank, Eicher Motors and HUL.
Among sectors metal and energy indices rallied 3 percent each followed by infra, IT, pharma, FMCG and auto. BSE Midcap and Smallcap indices gained over 1 percent each.