From the 30-Sensex firms, Mahindra & Mahindra, HDFC Bank, Bajaj Finance, Bajaj Finserv, Larsen & Toubro, and InterGlobe Aviation were among the biggest winners.
Tata Consultancy Services and Sun Pharma were the laggards.
Brent crude, the global oil benchmark, tanked 5.58 percent to trade at USD 97.76 per barrel.