Sensex tanks 310 points, Nifty above 15,200; PowerGrid, SBI, L&T top gainers

Sensex and Nifty were trading higher in early session today, led by gains in HDFC twins, SBI and ICICI Bank amid mixed global cues. Sensex rose 310 points to 50,851 and Nifty surged 71.90 points to 15,247.16

PowerGrid was the top Sensex gainer rising over 2 per cent, followed by SBI, L&T, HDFC Bank, Maruti, Axis Bank and Dr Reddy's.

On the other hand, Titan, M&M, IndusInd Bank and HUL were among the losers. Of 30 Sensex stocks, 16 were trading in the green. BSE mid cap and small cap indices were trading 75 points and 84 points higher, respectively.

Capital goods and healthcare stocks were the top gainers with their BSE indices rising 294 and 227 points, respectively. Metal and consumer durables stocks were the top losers with BSE indices slipping 332 and 167 points, respectively.