Sensex gains over 500 points, Tata Motors rises 9 percent
MUMBAI (Reuters) - The Sensex and the Nifty gained around 2.5 percent on Tuesday as blue chip shares rose on continued optimism about foreign investor flows amid receding fears of a U.S. led military strike on Syria.
Foreign investors have bought nearly 18 billion rupees worth of Indian cash shares in the previous two sessions.
Among blue chip shares, Housing Development Finance Corp Ltd rose 6.4 percent, while ITC Ltd gained 3.9 percent.