Sensex up 924 points in pre-close trade

The 30-share index, the barometer of the market, surged 5.6 per cent, its steepest rise since Jan 25.

The Bombay Stock Exchange benchmark Sensex surged by 924 points in pre-close trading on Tuesday to record its biggest gain in two months, as market participants indulged in brisk buying in heavy-weight stocks.

HT Image

The Sensex, which commenced the day with a significant rise, spurted to record a gain of 924.03 points at 16,213.43 at 1400 hrs as heavy-weight stocks in information technology, banking and refinery sectors surged.

The 30-share index, the barometer of the market, surged 5.6 per cent, its steepest rise since January 25.

The National Stock Exchange index Nifty too shot up by 260.65 points to 4870.50.