MUMBAI, (PNA/PTI) — The S&P BSE benchmark Sensex rallied by 287 points in the late morning trade today on persistent buying, mainly in IT, metal, tech, auto and consumer durable sectors, on the back of higher Asian cues coupled with appreciation of rupee value against the dollar.
Capital goods pivotals gained for the second day in a row.
Bajaj Auto edged higher after the company reported better than expected September sales.
In the foreign exchange market, the rupee was hovering at 61.