| The Bombay Stock Exchange Sensex ended at 14203.72, up 200.69 points, or 1.4 per cent, after touching a low of 14087.91 and a high of 14219.24 intraday. |
| The National Stock Exchange Nifty ended at 4170.00, up 56.95 points or 1.4 per cent. |
| It moved between a low of 4112.85 and a high of 4174.05 in the session. |
| The Asian and European markets were up on Thursday after the US retail sales rose 1.4 per cent, the most in 16 months, easing concerns over consumer spending in the regions' biggest export market. |
| Also, a Federal Reserve comment that growth in the US, the world's largest economy, was on track without a major threat of inflation, revived hope that the central bank may cut interest rates soon. |
| "There was some concerns over interest rates because China came out with higher inflation numbers. However, we saw some fresh buying on Thursday as investors still believe in the India story," a dealer said. |
| Dealers also said concerns over a liquidity crunch triggered by ongoing and future public issues have slightly eased as the DLF offer closes on Thursday. |
| The CNX Midcap Index ended up 2 per cent and S&P CNX 500 Index up 1.6 per cent. |
| All sector indices ended with gains, the BSE Metal Index, up 2.8 per cent, and the BSE Capital Goods Index, up 2.3 per cent. |
| However, combined turnover on both exchanges fell 12 per cent from Wednesday to Rs 12,800 crore. |
| Steel Authority of India was the biggest Nifty gainer, rising 4.6 per cent to Rs 134, on the company's plans to hike its hot metal output by 12 per cent to 16.4 million tonne. |
| Housing Development Finance Corp was up 4.2 per cent. |
| Other metal shares gained tracking a rise in prices of nickel and copper, on higher growth in industrial production in China, and speculations of strikes in Chilean mines. |
| Hindalco Industries was up 2.3 per cent at Rs 164, and Sterlite rose 1.1 per cent to Rs 541. |
Top Section
Explore Business Standard