Sensex holds 400 pts gains; Nifty Midcap up 1.5%; banks, IT stocks lead



Epic Update Infosys BPO
Bulls took complete control at Dalal Street as the Sensex rallied 404.77 points or 1.19 percent to 34,487.48 and the 50-share NSE Nifty gained 116.70 points or 1.11 percent at 10,593.40.

The rally was driven by HDFC (up 2.16 percent), Infosys (2.9 percent), HDFC Bank (0.96 percent), Reliance Industries (0.92 percent) and TCS (up 1.7 percent).

The Nifty Midcap index was up 1.5 percent. About five shares advanced for every share falling on the BSE.


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