Bombay stocks surged for the second straight session Tuesday.The BSE Sensex soared 282 points to close at 11,822, bringing the index within 109 points of its April 7 all-time high. Auto manufacturer Bajaj Auto, up 8.5%, and software exporter Tata Consultancy, up 5.7%, led the gains. Information technology outfit Wipro ( WIT - Get Report) rose 5.5% on expectations of a strong earnings report due Wednesday. Losers included cement giant Gujarat Ambuja , which fell 1.49%, and Tata Steel, down 0.9%. Tata Motors ( TTM) gained 3.3% after showing strong sales growth. Tata Consultancy was buoyed by the news that it bagged a $500 million outsourcing deal from Citigroup ( C). Broadcast company NDTV jumped 8.7% after posting a 22% rise in earnings.
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