 "Sensex surges 400 points to end above 21,000, RIL leads gains")
Indian equity markets ended in green today The BSE Sensex gained395 points higher at 21103 while the Nifty ended 112 points higher at 6279 .
The rally was largely supported by oil and gas sector. The BSE Oil & Gas Index rallied 4 percent as Reliance Industries gained 4.6 percent and ONGC rose 3.8 percent after the Cabinet allowed Reliance Industries to almost double the price of natural gas from April 21, 2014 provided the firm gave a bank guarantee to cover its liability if gas-hoarding charges are proved.
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Software services firms’ stocks gain after Accenture said it expected its consulting business to turn the corner as orders rise, building on strength in its outsourcing unit, while reporting better-than-expected quarterly results.
Tata Consultancy Services gained 1.7 percent, Infosys was up 1 percent, HCL Technologies rose 0.29 percent, Wipro added 3.8 percent, while Tech Mahindra surged 3.12 percent.
Reliance Industries gained 4.75 percent after the government allowed the company to charge higher prices for gas from April.
With inputs from Reuters