The influx of foreign funds into the capital markets also contributed to the momentum, traders said.
Among the big winners were Titan, Tech Mahindra, Mahindra & Mahindra, Tata Steel, Kotak Mahindra Bank, Wipro, Infosys and Axis Bank.
On the other hand, Bharti Airtel and Nestle were the stragglers.
In Asia, the markets in Seoul, Tokyo, Shanghai and Hong Kong were in the green mid-session.
Wall Street closed in profit on Thursday.
“Intraday markets may remain volatile as investors are likely to remain cautious ahead of Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole symposium,” said Prashanth Tapse – Research Analyst, Senior VP (Research) , Mehta Equities Ltd.
The BSE benchmark fell 310.71 points or 0.53 percent to settle at 58,774.72 on Thursday. The Nifty fell 82.50 points or 0.47 percent to end at 17,522.45.
Meanwhile, the international oil benchmark Brent oil climbed 0.78 percent to $100.11 a barrel.
Foreign institutional investors (FIIs) bought shares worth Rs 369.06 crore on Thursday, according to data from the exchange.
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