Top gainers of the session included Bajaj Auto, Kotak Bank, M&M, Vedanta, IndusInd Bank, Asian Paints, HDFC Bank, Reliance Industries, HUL, HDFC, ITC, Tata Steel and Tata Motors, rallying up to 5 per cent.
Infosys, Reliance Industries, TCS, HDFC, HDFC Bank, Maruti, SBI, IndusInd Bank and Kotak Bank led the gains on the Sensex, rising up to 2.53 per cent.
Other losers included Vedanta, Tata Steel, NTPC, ONGC, L&T, M&M, Coal India, Maruti, PowerGrid, Axis Bank, ITC and HDFC, dropping up to 5.75 per cent. On the other hand, Kotak Bank, Bharti Airtel, HCL Tech, Bajaj Finance and Hero MotoCorp rose up to 0.95 per cent.
Severe winter weather has been causing chaos for many across parts of Europe
Both the indices closed at five-month highs, led by financial services, IT and metal stocks, amid persistent foreign fund inflows.
Pilots represented by union Vereinigung Cockpit were holding a strike at Munich airport, Lufthansa's second biggest airport after Frankfurt, from 0800-1600 GMT on Wednesday.
In the Sensex pack, Axis Bank, Tata Motors, Infosys, Kotak Bank, HDFC Bank, RIL, Bajaj Auto, SBI, HUL, Tata Steel, Vedanta, HFDC, TCS, ITC and Sun Pharma jumped up to 4.64 per cent.
Tata Steel was the biggest gainer in the Sensex pack, rising 3.36 per cent, followed by Vedanta, Bajaj Finance, TCS, IndusInd Bank, Infosys, ONGC, Kotak Bank, HDFC Bank, HDFC, M&M and ITC.
Air India resumed normal services on sectors like Delhi-London-Delhi, Delhi-Frankfurt-Delhi, Mumbai-London -Mumbai, Delhi-New York-Delhi, Mumbai-New York-Mumbai, Mumbai-Chicago-Mumbai, Amritsar-London-Toronto-London-Amritsar and Ahmedabad-Mumbai-Newark-Mumbai on Thursday.
Reflecting the bullish mood, all sectoral indices ended with gains, led by auto, oil and gas, FMCG, IT and teck. The broader NSE Nifty, after crossing the 10,600-mark, settled 68.40 points, or 0.67 per cent higher at 10,598.40.
Mercedes motorsport head Toto Wolff has sold his remaining stake in the Williams Formula One team to US shareholder and healthcare executive Brad Hollinger, both parties said on Wednesday.
Images from the soccer matches played across Europe on Saturday.
The Group operates Lufthansa Airlines, Swiss Air and Austrian Airlines in India and flies across seven destinations -- New Delhi, Mumbai, Bangalore, Chennai, Kolkata, Hyderabad and Pune.
FIFA president Sepp Blatter has vowed to consider changing the way World Cup hosts are chosen if he is re-elected to his post in June.
The Welsh, who reached the Euro 2016 semi-finals, finished runners-up on 14 points from eight games, three behind Croatia who sealed their berth on Saturday with a 3-1 win over Slovakia.
Images from football matches played in Europe on Friday.
Aruna Anand on her husband's World Championship triumph in Sofia and the build-up to it.
NTPC was the top gainer, spurting 4.28 per cent. Other winners were Bajaj Auto, Bajaj Finance, Sun Pharma, ITC, Hero MotoCorp, TCS, Yes Bank, HDFC, HDFC Bank and SBI, rising up to 1.38 per cent.
Air India had earlier initiated hub operations at Frankfurt but withdrew last year after facing a severe financial crunch.
An unprecedented 17,000 flights were grounded as drifting volcanic ash cloud forced a no-fly-zone over almost the whole of Europe, shutting down major hubs including London, Paris and Frankfurt, and stranding millions of travellers. For the third day in succession, massive drifts of volcanic ash blanketed European airspace. The black plume forced country's to extend bans on most flights with Air Traffic Control in Britain, Germany, Denmark, Nordic countries, France.
Flying ash from Iceland's erupting volcano has forced Prime Minister Manmohan Singh's special aircraft to change its planned route and now he will return to home via Johannesburg in South Africa.
The Bombay Stock Exchange is in the process of listing Sensex futures on Europe's largest stock exchange by market value, the Frankfurt-based Deutsche Borse AG.
Croatia progressed to the semi-finals of the World Cup after a second successive penalty shootout on Saturday but their inability to put away another unimpressive team over 90 minutes and extra time is a major worry for the Balkan side.
Runaway Bundesliga leaders Bayern Munich showed no signs of letting up as they brushed aside Werder Bremen 4-0 in a bad-tempered match on Saturday.
The Dreamliner's introduction on the daily Singapore route is on popular demand, said Nirbhik Narang, Air India's country manager in Singapore.
Borussia Dortmund's miserable domestic season continued when they lost 1-0 at home to fellow strugglers Hanover 96 on Saturday, their fourth Bundesliga defeat in a row.
If Viswanathan Anand topples Veselin Topalov, then it will be an against-the-odds victory for the maestro.
How important is knowing a foreign language in the job market where boundaries have become meaningless? Does it hurt your career if you don't speak one? Tell us!
News of all that's transpired on and off the football field
An unprecedented 17,000 flights have been grounded as drifting volcanic ash cloud forced a no fly zone over almost the whole of Europe on Saturday, shutting down major airports and stranding millions of travellers. Sanjay Singh Kushwaha, who has been stranded at Frankfurt airport since the last three days, narrates his harrowing ordeal.
Bundesliga leaders Bayern Munich crushed Freiburg 4-0 on Saturday, recording their 13th successive Bundesliga victory and extending their league unbeaten streak to 46.
Australia eased ahead of Bosnia 2-0 as John Millman thumped Damir Dzumhur 6-3, 6-2 while Alex de Minaur overcame Mirza Basic 6-3, 7-6(0), before Millman revealed the team's larger goal under captain Lleyton Hewitt.
What's next for the free-telephony service, en route from Luxembourg to Redmond. Building IP telephony into phones is cool, but the real impact would be in Miscrosoft's business software.
China's Tianhe-2 supercomputer was named the world's fastest for the fifth time on Monday, outperforming those from the US.
Among the Sensex pack, Yes Bank, L&T, HDFC, RIL, HDFC Bank, PowerGrid and Coal India were the biggest losers -- falling up to 2.43 per cent.
The first direct air link between India and Australia would be established by Air India when it launches non-stop flights from Delhi to Melbourne by October-November this year.
The Bombay Stock Exchange, the oldest bourse in Asia, is looking at listing its benchmark 30-share index Sensex on the US-based International Securities Exchange that is owned by Eurex Frankfurt AG.
Arsenal's young guns continued to shine as they dismantled Standard Liege 4-0 on a hectic night of Europa League action that produced a full house of Spanish victories on Thursday. A summary of the matches.
Airtel said the amount will be used for refinancing its existing loan portfolio.
After the costly Frankfurt experiment , says Dublin hub idea not worth it.