The market continued to see buying interest with the Sensex rising 190.55 points or 0.79 percent to 24433.53. The Nifty held 7400 level, up 52.10 points or 0.71 percent to 7420.95.
Tata Steel topped buying list on Sensex, up 4 percent. Tata Motors rallied 3.7 percent after Jaguar Land Rover sales increased 25.3 percent year-on-year to 7,929 units in February, majorly supported by Land Rover that grew by 30.5 percent to 6,417 units.
Dr Reddy's Labs jumped 2.5 percent on approval from the US Food & Drug Administration for Palonosetron hydrochloride injection, anti-nausea drug.
Infosys climbed over a percent as Morgan Stanley maintained overweight rating on the stock.
ICICI Bank lost 2.7 percent and SBI declined 0.9 percent on profit booking. Maruti Suzuki slipped 0.6 percent despite company decided to hike car prices in range of Rs 1,441-34,494.
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