Sensex gains over 200 pts, Nifty races towards 8450; IT up

The market is surging ahead as the Sensex is up 249.41 points or 0.9 percent at 27894.94 and the Nifty is up 72.05 points or 0.8 percent at 8437.70. About 1265 shares have advanced, 451 shares declined, and 117 shares are unchanged.

Tata Power, ICICI Bank, TCS, Infosys and HDFC are top gainers in the Sensex. Among the losers are Tata Steel, Hindalco and Coal India.

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