Sensex gains 246 points in early trade

The Bombay Stock Exchange benchmark Sensex on Tuesday gained 246 points as investors bought shares in blue-chips like Reliance Industries, Infosys and Tata Steel.

The 30-share index, which lost 67 points in previous day's trading, rebounded to trade 245.88 points higher at 18,293.93 in the first five minutes of the session.

Similarly, the wide-based Nifty of the National Stock Exchange shot up by 77.55 points at 5,354.45 points.

Firming global markets influenced the trading sentiment, marketmen said.