Sensex gains over 250 points in pre-close trade

The Bombay Stock Exchange benchmark Sensex surged over 250 points today on aggressive buying by funds in heavyweight stocks led by realty, capital goods and banking.

The Bombay Stock Exchange benchmark Sensex surged over 250 points on Tuesday on aggressive buying by funds in heavyweight stocks led by realty, capital goods and banking.

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The Sensex, which commenced the day higher by nearly 150 points, rose by 250.46 points over its Monday’s close at 9,818.60 at 1445 hours after a steep rise in the scrips of Reliance Industries, Infosys Technologies, SBI and Tata Steel.

The RIL stock rose by 2 per cent, Infosys by 3 per cent, State Bank of India by 5.8 per cent and Tata Steel by 7 per cent. All the four stocks together carry nearly 30 per cent weight in the Sensex.

The 50-share National Stock Exchange index Nifty raised by 55.70 points at 3,053.85 at the same time.