Despite volatility, the market undercurrent steered by post-Union-budget proposals helped the index rise.
It got further boosted following stock specific buy-outs when energy heavyweight Reliance rallied over 4 per cent on expectations of high earnings fourth quarter. IT major TCS gained 3.99 per cent.
However, shares of Coal India Ltd witnessed profit- booking dropping 3.83 per cent as the stock went ex-dividend today.
Meanwhile, Foreign Portfolio Investors (FPIs) bought shares worth a net Rs 424.79 crore, as per provisional data of stock exchanges.
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Other major gainers from the Nifty pack were Bank of Baroda 2.63 per cent, Jindal Steel 2.49 per cent, PNB 2.11 per cent, Cipla 2.52 per cent, HDFC 2.22 per cent, Sun Pharma 1.93 per cent and Sesa Sterlite 1.90 per cent.
Turnover in the cash segment fell to Rs 21,328.20 crore as compared to Rs 23,941.82 crore yesterday. A total of 10,320.20 lakh shares changed hands in 87,02,026 trades. The market capitalisation at NSE stood at Rs 103,75,663 crore.