The BSE benchmark ended 187.39 points or 0.33% higher at 57,808.58; NSE Nifty rose 53.15 points or 0.31% to 17,266.75
Equity benchmark Sensex jumped 187 points on February 8 on fag-end buying in major indices RIL, Bajaj Finance and Titan amid a firm trend in global markets.
Besides, covering of short positions by bears corrected late in the shares, which helped cover losses, traders said.
After a see-saw session, the 30-share BSE benchmark settled 187.39 points or 0.33% higher at 57,808.58. Similarly, the NSE Nifty rose 53.15 points or 0.31% to 17,266.75.
Tata Steel was the top gainer in the Sensex pack, rising 3.10%, followed by Bajaj Finance, Bajaj Finserv, Reliance Industries, Asian Paints and Titan.
On the other hand, PowerGrid, TCS, Tech Mahindra and HDFC Twins were among the losers, falling up to 1.66%.
Of the constituents of the Sensex, 19 stocks closed with gains while 11 were in the red.
The Reserve Bank’s rate-setting panel began its three-day deliberations on February 8 to decide the next monetary policy in the backdrop of Budget 2022-23, inflation concerns and the evolving geopolitical situation.
Elsewhere in Asia, shares in Tokyo, Shanghai and Seoul ended in positive territory, while Hong Kong was in the red.
Stock exchanges in Europe were trading with significant gains in mid-session deals.
Meanwhile, international oil benchmark Brent crude slipped 0.81% to $91.94 a barrel.
Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 1,157.23 crore on Monday, according to stock exchange data.
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