BSE: Top gainers and losers

Markets surged over 1% led by rate sensitive shares after December WPI which eased to a 5-month low raised hopes that the Reserve Bank of India would maintain status quo on key policy rates for the second straight month at its policy review meet end-January.

The 30-share Sensex ended up 257 points or 1.2% at 21,289 and the 50-share Nifty ended up 79 points or 1.3% at 6,321.