Sensex gains by 300 pts

Sensex gains by 300 pts

Agency News

Mumbai, Oct 16: The benchmark index of Bombay Stock Exchange (BSE) on Tuesday has soared 297.38 points at 35,162.48 points, after gaining nearly 350 points to scale an intra-day high of 35,215.79 points.

The gain on the third consecutive day on Tuesday is said to have gained from the upbeat cues from the global markets, coupled with a recovery in the rupee and easing crude oil prices. Gains were led by banking stocks, followed by realty, auto, pharma, IT and metals stocks.

The gainers were Reliance by 2 pc to 1163 M & M by 4 pc to Rs 779, Adani Ports by 4pc to 334, ONGC by 3.22 pc to Rs 167, Axis Bank by 2.22 pc to Rs 588.65, ICICI Bank by 2.33 pc to Rs 320, and SBI by 2.7 pc to Rs.270.UNI