Market Roundup: Sensex rises 277 pts; TCS zooms over 7 pc

Mumbai: Rising for the third straight session, market benchmark Sensex finished 277 points higher on Monday, propelled by IT and banking counters. Starting off on a high note, the 30-share BSE gauge zoomed to the day's peak at 39,263.85, before ceding some ground to settle at 38,973.70, up 276.65 points or 0.71 per cent. Likewise, the broader NSE Nifty rose 86.40 points or 0.76 per cent to close at 11,503.35. On the Sensex chart, IT major TCS rose the most, gaining over 7 per cent.