Equity benchmarks snapped thre-day losing streak on Thursday. The Sensex gained 311.22 points or 1.22 percent at 25764.78 and the Nifty rose 106 points or 1.37 percent to 7823, led by short covering in banking & financials, metals and auto stocks. The broader markets rallied more than 1 percent. The market breadth was also strong. About 1703 shares have advanced, 980 shares declined, and 137 shares are unchanged on the BSE.
Tata Steel, Vedanta, Axis Bank, HDFC, Hindalco and Cairn India topped the buying list, up 3.5-6 percent. However, Idea Cellular underperformed, down 3.3 percent. BPCL, Bosch, Lupin, Hero Motocorp and Sun Pharma were down 0.5-1 percent.
The Sensex gained 327.13 points or 1.29 percent at 25780.69 and the Nifty rose 109.05 points or 1.41 percent to 7826.05. About 1695 shares have advanced, 913 shares declined, and 116 shares are unchanged on the BSE.
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