S&P BSE Sensex gained about 360 points, or 0.55%, to end at 65,995.63, whereas NSE Nifty 50 added about 110 points, or 0.55%, to close at 19,653.50.
Among sectors, Nifty Realty jumped 3.08% amid hopes that the retained policy repo rate will likely boost home sales in the backdrop of the festive season. Nifty Financial Services rose about 1%.
The benchmarks, however, underperformed the BSE Midcap and Smallcap indices, which rose 0.66% and 0.56%, respectively. BSE Bankex rose 0.34% while Bank Nifty gained 0.33% The top Sensex gainers were Bajaj Finserv (5.86%), Bajaj Finance (4.05%), Titan Company (2.98%), while Hindustan Unilever (-0.93), Asian Paints (0.37%) and Bharti Airtel (0.29%) were the top laggards.
The Monetary Policy Committee, in its fourth bimonthly policy announcement on October 6, retained the policy repo rate at 6.5% alongside a withdrawal of accommodative stance.
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