BSE Sensex up over 300 pts, Nifty strong; ONGC gains 7%

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The Sensex is up 341.55 points or 1.3 percent at 26450.08 and the Nifty is up 112.70 points or 1.4 percent at 7892.40.

ONGC is up 7 percent while Axis Bank, ICICI Bank and Tata Motors are top gainers in the Sensex.

The Indian rupee advanced in the early trade. It has opened higher by 24 paise at 61.20 per dollar against 61.44 Friday.

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