| Metal shares led the gainers with BSE Metal Index rising 4 per cent, the most among sector indices. |
| With provisional total rollover touching 55 per cent and Nifty rollover at 47 per cent, dealers expect market to remain volatile with an upward bias on Thursday. |
| Around 3 per cent rise in index heavyweights, Oil and Natural Gas Corporation and Tata Steel, also supported the gains further. Steel Authority of India (SAIL) was the top Nifty gainer, up 7.7 per cent. |
| "Rise in Tata Steel and SAIL shares can be attributed to buying on expectations of robust earnings backed by strong sales volume and firm steel prices during the quarter," Kanan Shah of Networth Stock Broking said. |
| SAIL and Tata Steel will detail their October-December earnings on Monday and Tuesday, respectively. |
| Tata Steel's decision to buy stake in NatSteel's subsidiaries also added to the rise further, Shah said. |
| The Bombay Stock Exchange's 30-share Sensex ended at 14110.46, up 69.22 points or 0.5 per cent. It touched a low and high of 14043.54 and 14156.46 intraday. |
| The National Stock Exchange's 50-share Nifty ended at 4096.15, up 30.05 points or 0.7 per cent. Intraday, it moved between a low of 4065.75 and a high of 4098.25. |
| ONGC shares rose 2.5 per cent on $2.5 per barrel rise in crude oil to $55.04. Oil retailers Bharat Petroleum and Hindustan Petroleum, however, slipped 1 per cent and 2 per cent, respectively. |
| Tata Motors, down 3.6 per cent, was the worst-hit Nifty stock on profit sales after the company on Tuesday posted net profit of Rs 501 crore, surpassing analysts' expectation of Rs 450 crore driven by forex gain of Rs 130 crore. |
| Hindalco Industries and Bharat Heavy Electricals ended up around 2.5 per cent ahead of their October-December earnings on Thursday, which are expected to be robust. |
| Rise in Bharat Heavy Electricals was also supported by the company bagging an order to set up 1,000 mw power plant in West Bengal. |
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