The Sensex ended the day with gains of 517 points and the Nifty rallied 162 points as banking stock surged. Markets in Europe were trading higher, while most of Asia ended the day with gains.

Shares in DLF gained, following results that largely beat expectations.
The stock ended the day at Rs 135, higher by 19.03 per cent on BSE. It touched an intraday high of Rs 136 during the trade.
Glenmark & Indiabulls Housing
Shares in Glenmark Pharma and Indiabulls Housing saw robust buying after the MSCI India index saw addition of these two companies.
The Glenmark Pharma ended the day at Rs 1131, higher by 6.86 per cent on BSE. It touched an intraday high of Rs 457 during the trade.
The stock ended the day at Rs 795, higher by 5.06 per cent on BSE. It touched an intraday high of Rs 795 during the trade.
Shree Renuka Sugars reported a standalone net loss of Rs 227.2 crore in the first quarter of this fiscal.
The stock ended the day at Rs 8.72, lower by 2.46 per cent on BSE. It touched an intraday low of Rs 8.60 during the trade.
Shares of NBCC rose after the company reported a 31.5 per cent increase in consolidated net profit for the quarter ended June.
The stock ended the day at Rs 1035, higher by 3.18 per cent on BSE. It touched an intraday high of Rs 1048 during the trade.
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