Sensex up 350 pts, Nifty hovers around 8200; heavyweights lead

The 30-share BSE Sensex was up 353.79 points or 1.35 percent at 26590.66 and the 50-share NSE Nifty gained 110.40 points or 1.36 percent at 8212.45.

The broader markets also participated in the rally, up 1.3 percent on strong breadth.

About four shares advanced for every share falling on the BSE.

Heavyweights ITC (up 2 percent), Infosys (up 1.6 percent), HDFC Bank (up 1.2 percent), Reliance Industries (up 1.4 percent) and HDFC (up 1.15 percent) continued to support the market.

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Posted in: Indian Market Tips