Sensex up 200 points; Nifty reclaims 8,250

Sensex up 200 points; Nifty reclaims 8,250

Markets edged higher in late trades on Thursday after European shares extended gains after voting started in a historic referendum whether Britain should remain as the member of the European or not.

At 2:40pm, the S&P BSE Sensex was up 212 points at 26,978 and the Nifty50 was up 56 points at 8,260.

ITC was the top gainer amid shortcovering up 1.7% followed by HDFC Bank, Tata Motors and Infosys among others.

Pharma shares also extended gains with Lupin, Sun Pharma and Dr Reddy's Labs up 2% each.