Pace Research Closing Bell : Sensex Surges 260 Points Led By Banking Stocks, Nifty Above 10,770

BSE Sensex closed higher by 260.59 points, or 0.74%, to 35,547.33, while the Nifty 50 rose 61.60 points, or 0.58%, to close at 10,772.05. BSE MidCap and SmallCap were up 0.23% and 0.27%, respectively.
Among the sectoral indices on BSE, bankex, finance, metal and energy gained over 1%, while FMCG, oil and gas, capital goods and telecom declined. Reliance Industries, IndusInd Bank, Tata Steel and Vedanta led the gainers, whereas Coal India, ONGC, ITC and Wipro were among the major losers.
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