MARKET LIVE: Sensex up 250 points, Nifty tops 14,750; RIL gains 1%


LIVE market updates: The Indian traded nearly half a per cent higher on Tuesday, lifted by metals, public sector bank stocks and Reliance Industries.

Among the headline indices, the S&P was up 250 points at 50,040 levels and the index topped the 14,750-mark. ONGC surged 4 per cent and was the top gainer, followed by Axis Bank and Bajaj Finance (both up over 1%). Reliance Industries also ticked up over 1 per cent after announcing that it has begun the process of carving out the O2C business into an independent subsidiary.

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