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Currency traders work on their terminals at the headquarters of India's HDFC bank in Mumbai. Reuters

Indian shares jumped on Thursday, with the broader NSE Nifty index snapping a sixth session decline, led by gains in realty and metal shares on improved global risk appetite.

At 06:50 GMT, the benchmark S&P BSE Sensex jumped 0.8 percent at 31,073 while the Nifty gained 0.82 percent at 9,569.

Trading is likely to be volatile ahead of the expiry of June derivatives contract later in the day.

The S&P BSE Realty index rose nearly 1 percent while the S&P BSE Metal index was up 1.8 percent.

Bank index also gained 0.7 percent, led by Axis Bank's 3.4 percent jump while Federal Bank rose 2.4 percent.

Eris Lifesciences shares climbed 4 percent on stock market debut.

Credit Analysis and Research surged 9 percent following block deals, in which nearly 8.8 percent stake of the company changed hands.

Market breadth was in the favour of gainers, with about 3 stocks advancing to every 1 stock that declined.

Strong trading on other Asian bourses following overnight gains in the U.S. markets supported sentiment.

Banks and technology shares led gains in the MSCI Asia Pacific Index, after the S&P 500 Index rebounded from the biggest selloff in six weeks.

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