MARKET LIVE: Sensex gains 250 pts, Nifty near 15,850; financials lead

The BSE Sensex rose 250 points to 53,400, and the NSE Nifty50 advanced 55 points to 15,865.

Asian Paints, L&T, Axis Bank, Bajaj twins, Kotak Bank, Maruti, Tech M, HUL, Ultratech Cement and IndusInd Bank led gains on the Sensex, while Tata steel, Nestle PowerGrid, NTPC and ITC were the sole losers.

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