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Key indices Nifty50 climbed over 50 points to trade above 18,650 levels and the S&P BSE Sensex advanced over 200 points to trade at around 62,748 levels.
Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices rose up to 0.5 per cent.
All sectors started trade on a positive note. Nifty Media, Nifty Metal, Nifty PSU Bank indices gained the most – up to 0.8 per cent.
Among individual stocks, shares of YES Bank gained over 1 per cent after private equity majors Carlyle Group and Advent picked 9.99 per cent stake.
Besides, shares of Patel Engineering surged over 3 per cent after board is likely to mull fund raise on December 16.
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