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.

This story was created through a joint venture between TheStreet.com and IRIS.