The Nifty IT index closed 1.03 per cent higher.
Domestic stock markets ended Monday's session on a higher note tracking strength in global peers on easing of concerns about a slowdown in world economy.
The 30-scrip Bombay Stock Exchange (BSE) benchmark index closed at 35,850.16, up 155.06 points or 0.43 per cent from previous close, and Nifty50 index of National Stock Exchange (NSE) moved 44.45 points or 0.41 per cent higher to finish at 10,771.80.
Gains on Dalal Street were led by IT, realty and banking stocks.
Optimism ahead of corporate earnings season boosted trading sentiment.
Here are 10 things to know about Sensex, Nifty trading today:The SP BSE Sensex rose as much as 381.85 points during session to touch 36,076.95 at day's highest point, while Nifty50 climbed 108.6points to register an intraday high of 10,835.95.Thirty two out of 50 stocks on Nifty finished session with advances.
Prominent gainers on Nifty index included Axis Bank, Bharti Infratel, Tata Motors, Titan and Grasim.Axis Bank, Tata Motors, Infosys, Maruti, NTPC and ONGC led upmove on Sensex.The Nifty IT index closed 1.03 per cent higher.Infosys and TCS closed 1.61per cent and 1.13 per cent higher respectively.Top software services exporters Tata Consultancy Services (TCS) and Infosys are scheduled to report their results for December quarter on January 10 and January 11, respectively.Shares in watch producer Titan Company settled 1.69 per cent higher, after company on Friday said it expects a 22 per cent growth in full-year jewellery business.Easing of worries on US-China trade front also supported markets, say analysts.Supportive global cues following robust US jobs data for December and Federal Reserve chairman Jerome Powell's comments that US central bank would be flexible in policy decisions this year bolstered trading sentiments on Monday, analysts were quoted as saying in a Press Trust of India report."We have positive outcome from US and China.
Our market is showing relatively better signs of stability due to this," said Deven Choksey, founder, KR Choksey Investment Managers.Both US and China have expressed an interest in settling their tariff war.
Envoys of both nations will have discussions during meetings on Monday and Tuesday.Analysts are now looking out for upcoming events.
"Global cues and key IT and banking results would determine course of market during next few days," said Viral Berawala, CIO, Essel Mutual Fund.Meanwhile, domestic institutional investors net purchased equities to tune of Rs 240.60 crore, while foreign institutional investors (FIIs) sold shares worth a net Rs 157.72 crore on Friday, according to provisional data.
(With inputs from agencies)