Sensex surges nearly 300 pts, surpasses early gains

The benchmark Bombay Stock Exchange (BSE) index Sensex made healthy gains in morning trade on Monday as it rose nearly 300 points, with a rise in bank stocks.

The 30-share BSE barometer, which opened at 27,655.79 points, was trading at 27,752.68 (11:00 am), up 294.04 points or 1.07 per cent from the previous day’s close at 27,458.64.

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Of the 30 Sensex scrips, 24 rose while 6 were trading in the red. Bharti Airtel was the top gainer after it gained 15.54 points (or 4.16 per cent) to trade at Rs 391.85 apiece.

The broader 50-issue National Stock Exchange (NSE) index Nifty also made healthy gains during the early morning session. It was trading 77.45 points (or 0.93 per cent) higher at 8,418.85.

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