Sensex Up Over 400 points, Nifty Crosses 7,350

The BSE Sensex and Nifty gained nearly 1.7 per cent each on gains in PSU banking stocks and bluechips like L&T and NMDC. Higher global markets also aided sentiment. (Track stocks) Overseas investors bought Indian shares worth Rs 2,977 crore ($503.8 million) on Friday, which includes about $364 million (nearly Rs 2,150 crore) from the Canada Pension Plan Investment Board increasing its stake in Kotak Mahindra Bank, provisional ex...