Benchmark indices bounced back sharply, tracking strong lead
from global stocks and ahead of RBI monetary policy outcome.
The 30-share BSE Sensex was up 345.45 points or 1.05 percent at
33,364.52, and the 50-share NSE Nifty rose 112.80 points or 1.11 percent
to 10,241.20.
Tata Steel, UPL, Yes Bank, Tata Motors, Bajaj Finserv, M&M, Eicher
Motors, Grasim, Adani Power, Kotak Mahindra Bank, L&T, IndusInd Bank,
ITC and SBI gained up to 3 percent.
Nifty Midcap index rallied 1.6 percent. Nifty IT was up 1.3 percent
and PSU Bank rose 1.6 percent.
Future Consumer, Delta Corp, Edelweiss Financial, Jet Airways, Voltas,
Natco Pharma, InterGlobe Aviation, Dilip Buildcon and Bhansali Engineering
rallied up to 5 percent.
The
Indian rupee opened higher by 12 paise at 65.03 per dollar on Thursday
versus previous close of 65.15.
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