Sensex posts biggest gains in nearly 10 weeks

Last Updated: Tuesday, August 12, 2014 - 15:55

The BSE Sensex posted its biggest daily gain since June 6, gaining for a second consecutive session after Tata Motors Ltd raised confidence about corporate earnings by saying it had tripled its net profit in the April-June quarter.

The benchmark BSE Sensex provisionally rose 1.4 percent to end at 25,880.77 points.

The broader Nifty rose 1.3 percent to end at a provisional 7,727.05 points, its biggest daily percentage gain since June 30.

Tata Motors Ltd provisionally rose 6.2 percent, marking its biggest single day gain since Sept. 10.

Reuters
First Published: Tuesday, August 12, 2014 - 15:53

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