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BSE Sensex gains for fourth day; rate-sensitives up

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Reuters MUMBAI

MUMBAI (Reuters) - The BSE Sensex rose for a fourth straight day on Thursday, gaining over 1 percent to end at its highest closing level in more than a month, as rate cut hopes continued to boost rate-sensitive sectors though technology stocks saw further selling.

The BSE Sensex provisionally closed up 1.14 percent while the 50-share Nifty closed 1.40 percent higher.

Jet Airways Ltd shares closed 10 percent up after its deal with Etihad, after having risen nearly 20 percent earlier.

(Reporting by Swati Bhat; Editing by Jijo Jacob)

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First Published: Apr 25 2013 | 3:35 PM IST

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