Benchmark NSE Nifty index was trading 249.15 points up at 14756.45 on account of buying in frontline bluechip counters.
Shares of Tata Steel BSL, Orchid Pharma , JSW Steel, Tata Steel and Shree Cements, hit their fresh 52-week high during the trade on NSE.
However, stocks such as Indian Railway Finance Corporation Ltd., touched their fresh 52-week low.
Overall, 45 shares were trading in green in Nifty50 index, while 5 were trading in red in the afternoon trade.
In the Nifty 50 index, UPL , JSW Steel, Tata Steel, Shree Cements and NTPC were among top gainers, while M&M, BPCL, Bharti Airtel, Maruti Suzuki and SBI Life were trading in red.
The BSE Sensex was trading 815.63 points up at 49824.13.
Traders were seen piling up position in IT – Hardware, IT Enabled Services, Metals – Ferrous, Diversified and Mining sectors, while selling were visible in Plastics, Infrastructure, Consumer Durables, Services and Real Estate sectors.