<h1>BSE Sensex rises 270 points to 83,712 as banking and IT stocks drive late-day gains</h1> The BSE Sensex gained 270 points to close at 83,712.51, while the NSE Nifty rose 61 points to 25,522.50. Late-day buying in banking and IT stocks drove the gains, supported by positive Asian market trends. Major gainers included a private bank, paint company, power utility, and electronics firm, while a jewelry retailer fell over 6%. Markets remained range-bound as investors awaited progress on proposed trade agreements. Foreign institutional investors purchased equities worth Rs 321 crore, while domestic institutional investors bought Rs 1,853 crore worth of stocks.