Nifty gains over 2 percent; IT, banks shares surge

MUMBAI (Reuters) - The Nifty gained more than 2 percent on Thursday to its highest close in nearly two weeks as software services exporters gained on bets for an improving business outlook in key markets, while banks surged on potential gains from falling bond yields.

Tata Consultancy Services provisionally rose 3.9 percent while Axis Bank Ltd surged 5.6 percent.

The Nifty provisionally rose 2.2 percent to its highest close since September 20.

The Sensex provisionally ended 1.94 percent higher. (Reporting by Abhishek Vishnoi; Editing by Gopakumar Warrier)