Sensex rallies 250 points, Nifty near 10,700 at close, Axis Bank rises 9%

Equity benchmark BSE Sensex rallied over 250 points to close only 30 points short of the 35,000 mark on Friday, amid positive global cues and strong corporate earnings announced this week. At close, the 30-share strong gauge was256.10 points or 0.74% higher at 34,969.70. The broader NSE Nifty 50 too rose 74.50 points or 0.70% to end at 10,692.30. Gains in the Sensex pack were led by Axis Bank, SBI, ICICI Bank, Reliance Industries, Maruti Suzuki and Yes Bank, rising as much as 8.97%. Axis Bank shares had fallen 3%…

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