Equity benchmark indices rose for the third consecutive day on October 18 amid a firm trend in global markets and buying in major Reliance Industries.
The 30-share BSE Sensex ended 549.62 points or 0.94% higher at 58,960.60. During the day, it closed 732.68 points or 1.25% higher at 59,143.66.
Similarly, the broader NSE Nifty ended 175.15 points or 1.01% higher at 17,486.95.
State Bank of India (SBI) was the top gainer in the Sensex pack, followed by ITC, Nestle, Bharti Airtel, IndusInd Bank, Mahindra & Mahindra, Reliance Industries and Larsen & Toubro.
HDFC, NTPC, HDFC Bank, Tech Mahindra and Sun Pharma were among the laggards.
Other Asian markets in Seoul, Tokyo and Hong Kong closed higher, while Shanghai closed lower.
Stock exchanges in Europe were trading in positive territory in mid-session deals. Wall Street closed very sharply on Monday.
International oil benchmark Brent crude was trading 0.65% lower at $91.02 per barrel.
Foreign institutional investors (FIIs) remained net sellers in the Indian capital market on Monday as they sold shares worth Rs 372.03 crore, according to exchange data.