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Indian stocks surge more than 300 pts

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(Globalpost/GlobalPost)

Indian stocks surge more than 300 pts

MUMBAI, July 16 (Xinhua) -- India's stocks surge more than 300 points on Wednesday, led by shares of real estate and metal companies, and banks.

The benchmark BSE Sensex ended higher by 321.07 points, or 1.27 percent to 25,549.72.

Since the beginning of this year, Sensex has gained 18.9 percent, while foreign institutional investors have bought 11.39 billion U.S. dollars from local equity markets.

http://www.globalpost.com/dispatch/news/xinhua-news-agency/140716/indian-stocks-surge-more-300-pts