Sensex gains 300 pts in early trade, Nifty opens above 18,250; UCO Bank, IOB up 5% each

Tracking an overnight rally in US stocks, domestic benchmark indices opened higher on Thursday. BSE Sensex was trading 232 points or 0.38% higher at 61,300 around 9.18 am while Nifty50 was trading at 18,269, up 74 points or 0.38% at the same time.
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