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Sensex gains nearly 500 points; Tata Motors surges

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Reuters MUMBAI

MUMBAI (Reuters) - The Sensex and the Nifty gain more than 2.5 percent on Tuesday as blue chips rallied after the rupee rose to a two-week high as receding geopolitical risks from Syria and strong exports in August helped improve sentiment.

Gains were also spurred by the 18 billion rupees worth of buying in Indian cash shares by foreign investors in the previous two sessions.

Top Sensex gainers - Tata Motors rises 6.5 percent, HDFC gains 5.3 percent, Bharti Airtel gains 5.2 percent.

BSE auto index gains 3.6 percent.

Axis Bank is among the top Nifty gainers, up 6.6 percent.

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First Published: Sep 10 2013 | 10:16 AM IST

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