The Indian equity market opened in the green on Thursday amid reduced crude oil prices and de-escalated US-Iran tensions. BSE Sensex jumped 365 points to 77,287.95 from its previous close of 76,922.64, opening at 77,083.14.
The Nifty 50 gained 100 points to trade at 24,106.20, after closing at 24,005.85 on Wednesday and opening at 24,062.20.
Positive sentiment returned to the Indian market after the US and Iran successfully concluded their talks in Doha, Qatar, ensuring free passage in the Strait of Hormuz.
Major gainers on the indices were tech stocks, including Infosys, which jumped 4.10 per cent to Rs 1,025.70 from its previous close of Rs 985.30.
Closely followed by HCL Technologies, which climbed 3.77 per cent to Rs 1,073.20 from Rs 1,034.20, along with TCS gaining 2.77 per cent to Rs 2,037.50 from Rs 1,982.60.
Tech Mahindra advanced 2.45 per cent to Rs 1,395.60, while Eternal added 1.54 per cent to Rs 284.00. Top losers on the indices were NTPC, which went down 1.23 per cent, Bajaj Finance (0.80 per cent), Power Grid (0.78 per cent), and ONGC (0.74 per cent).
The share market continued its gains for the second straight day after it closed 443.97 points, or 0.58 per cent, higher at 76,922.64.
During the day, it jumped 631.41 points, or 0.82 per cent, to 77,110.08. The 50-share NSE Nifty rallied 140.10 points, or 0.59 per cent, to end at 24,005.85.