Sensex closes 330 points higher

A benchmark index of Indian equities markets closed Tuesday's trade 330 points or 1.31 percent up as bank and oil and gas stocks rallied.

Markets went up recouping early losses as capital goods, metal and automobile scrip too climbed.

However, selling pressure was observed in the fast moving consumer goods (FMCG) stocks.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 25,189.46 points, ended the trade at 25,521.19 points (provisional), up 330.71 points or 1.31 percent from previous day's close at 25,190.48 point.

The Sensex touched a high of 25,545.88 points and a low of 25,104.50 points during the trade so far.

The S&P BSE bank index was up 392.23 points, followed by oil and gas index which moved higher by 324.86 points, capital goods index rose 302.51 points, metal index gained 207.76 points and automobile index surged 95.20 points.

However, FMCG index lost 11.71 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading in the negative territory. It was down 98.15 points or 1.30 percent at 7,631.70 points.