At close, the Sensex was up 260.98 points or 0.54% at 48,437.78, and the Nifty up 66.60 points or 0.47% at 14,199.50. About 1740 shares have advanced, 1268 shares declined, and 159 shares are unchanged. Axis Bank, HDFC, HDFC Life, Wipro and IndusInd Bank were among major gainers on the Nifty, while losers were ONGC, JSW Steel, Bajaj Finance, Tata Steel and Hindalco.Among sectors, Nifty Bank and IT indices rose 1.5-2.5 percent, while selling seen in the metal and energy names. 

At close, the Sensex was up 260.98 points or 0.54% at 48,437.78, and the Nifty up 66.60 points or 0.47% at 14,199.50. About 1740 shares have advanced, 1268 shares declined, and 159 shares are unchanged. Axis Bank, HDFC, HDFC Life, Wipro and IndusInd Bank were among major gainers on the Nifty, while losers were ONGC, JSW Steel, Bajaj Finance, Tata Steel and Hindalco.Among sectors, Nifty Bank and IT indices rose 1.5-2.5 percent, while selling seen in the metal and energy names.