Don’t miss the latest developments in business and finance.

Sensex gains 400 points; metal stocks surge

Image
Reuters MUMBAI
Last Updated : Aug 22 2013 | 3:57 PM IST

MUMBAI (Reuters) - The BSE Sensex surged 2.2 percent on Thursday, snapping a four-day losing streak, as metal stocks rallied on China's improved manufacturing data, while blue chips rose on value buying.

Tata Steel Ltd rose 10.5 percent, while ITC Ltd ended 2.4 percent higher.

The Nifty ended up 2 percent.

(Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)

More From This Section

First Published: Aug 22 2013 | 3:49 PM IST

Next Story