Among BSE sectoral indices, IT index was the star-performer and was up 2.12 per cent, followed by TECk 2.07 per cent, metal 1.45 per cent and realty 1.23 per cent.
Major Sensex gainers on Wednesday were: Tata Motors, up 3.57 per cent at Rs 389.05; Cipla, up 3.54 per cent at Rs 590.20; ITC, up 3.01 per cent at Rs 279.30; HUL, up 3 per cent at Rs 1,186.95; and Sun Pharma, up 2.69 per cent at Rs 485.20.
Sentiment was also upbeat across global markets with Asian shares advancing as tensions between the US and North Korea came off the boil, although the Federal Reserve's concerns about weak USA inflation weighed on the dollar. Information Technology (IT) stocks rise.
In pre-open market, Sensex touched 31,927.51 higher by 157 points, while Nifty was up 49 points at 9,945.55. BSE Sensex ended 320 points higher and the Nifty ended just a tad below 9900. The Sensex of the BSE, which had closed at 31,770.89 points on Wednesday, opened higher at 31,919.17 points.
■ 10.15am: Cigarette stocks jumps. To accelerate strategic disinvestments in central public sector enterprises (CPSEs), the cabinet committee on economic affairs (CCEA) mandated a panel headed by finance minister Arun Jaitley to oversee the asset sale process, Mint reported.
Firebrand judge Moore forces runoff in Alabama Senate race
Robert Bentley - as a swamp creature. "He's the only one who hasn't been talking crap about the others", Wright said. Luther Strange and former Alabama Chief Justice Roy Moore are headed to a Republican primary runoff to fill the U.S.
Implementation of a higher house rent allowance, as recommended by a panel for federal government employees, and farm loan waivers by some states will spike inflation in coming months, Reserve Bank of India Governor and head of India's Monetary Policy Committee Urjit Patel said, according to the MPC meeting minutes released Wednesday.
Coal India gained about 4 percent after a huge block deal. However, details of the buyers and sellers were not known. The Nifty FMCG index was trading 0.3 per cent higher after rising 2.5 per cent in the previous session.
■ 9.10am: SREI Infrastructure Finance Ltd rose 5.3% to Rs126 ahead of its press conference after noon.
Earlier in April, Infosys had announced that it would pay up to Rs 13,000 crore to shareholders during the current financial year through dividend and/or share buyback.