Nifty hits 8300, Sensex firm; Tata Steel, ONGC gain 1-2%

The Sensex is up 195.90 points or 0.7 percent at 27470.61 and the Nifty is up 50.85 points or 0.6 percent at 8285.45. The 50-share index briefly touched 8300.About 534 shares have advanced, 72 shares declined, and 325 shares are unchanged.

Tata Steel, Tata Motors, ONGC,Tata Power and HDFC Bank are top gainers in the Sensex.

The Indian rupee gained in the early trade. It has opened higher by 19 paise at 62.48 per dollar compared to previous day's closing value.

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