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The 30-share pack Sensex rallied 813.94 points or 1.42 per cent to 58,014.17. Its broader peer Nifty50 gained 239.90 points or 1.39 per cent to 17,339.85

In April-November 2021, nearly 221 lakh individual demat accounts were added, the Economic Survey for 2021-22 noted.

"In April-November 2021, IPOs of 75 companies have listed, garnering Rs 89,066 crore, as compared to 29 companies raising Rs 14,733 crore during April-November 2020, indicating stupendous rise of 504.5 per cent in fund mobilisation," the Economic Survey for 2021-22 showed.

"With the ever-evolving business landscape, we continued to develop cutting-edge digital payment technologies. We remained committed to generating greater value for our millions of merchants and accelerating their business growth online," IAL Managing Director Vishal Mehta said.

“In the first quarter of the coming fiscal year, we should see a very robust number close to 17% or over and that is going to help to pull things up. ”

The Nifty Bank index closed 0.76 per cent up at 37975.35.

In the international market, gold was trading lower at USD 1,788 per ounce and silver was flat at USD 22.42 per ounce.

"Nifty is struggling to show a conviction close above 17,350, and this could be the level to watch for. A break above 17,350 will mean a rally to 17,600-17,650. On the lower side, support is at 17,250, a break below this will mean a drop to 17,050-17,100. Brace for extreme volatility in coming days," Shah said.

"Due to unprecedented input cost inflation, profitability has been adversely impacted," MD & CEO Subir Chakraborty noted.

Sovereign bond yields, which are the benchmarks on which the overall cost of borrowing in the economy is based, have displayed a sharp upward trajectory over the past couple of months