Sensex soars over 300 pts, Nifty above 8100; SBI up 3%

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The Sensex is up 343.73 points or 1.3 percent at 27053.86, and the Nifty is up 110.75 points or 1.4 percent at 8140.55.

Banks are up including SBI and ICICI Bank (3 percent gains each). Other gainers in the Sensex are Tata Power, Sesa Sterlite and Tata Steel. Among the losers are ITC, HUL and Wipro.

The Indian rupee gained in the early trade. It has opened higher by 26 paise at 63.35 per dollar against 63.61 Wednesday.

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