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The BSE benchmark Sensex climbed over 300 points, while the NSE barometer Nifty50 reclaimed 7,200 mark in early trade on Thursday, after US stocks rallied in overnight after Fed minutes suggested delays to further Fed rate hikes, at least for the time being. 

The NSE rose 0.85 percent to 7,108.45, not far from the session's high of 7,123.70, after earlier falling to as low as 6,960.65.The benchmark BSE Sensex rose 0.82 percent to close at 23,381.87 after earlier also falling as much as 1.2 percent.