At close, the Sensex was up 749.85 points or 1.53% at 49,849.84, and the Nifty was up 232.30 points or 1.60% at 14,761.50. HDFC HDFC Bank, Kotak Mahindra Bank, Asian Paints, L&T and ICICI Bank were the top gainers in the Sensex pack. while Bharti Airtel is the only loser. About 1921 shares have advanced, 1093 shares declined, and 189 shares are unchanged. Nifty Media index surged over 4 per cent followed by Nifty Auto, which ended up 2.38 per cent, Nifty Energy and Metal indices rose 2 per cent each. Except for the Nifty PSU Bank index, all the indices ended in the positive territory. The S&P BSE SmallCap index outperformed the benchmark index with a close at 20,475 levels, up 1.6 per cent. The S&P BSE MidCap index, on the other hand, closed at 20,257 levels, up 1.4 per cent.The volatility index, India VIX, cooled-off 9 per cent to end near 25.6 levels.