Money on the markets
A maturing market amid the mayhem
Sensex gains amid mixed econ data
The Sensex closed 2.25 percent higher on Thursday, as gains on Wall Street and positive inflation data boosted investor sentiments.
The benchmark closed 183.35 points up at 8343.75, supported by index heavyweights Reliance Industries (up 4.1 percent), ICICI Bank (up 8.1 percent) and Infosys (up 2.5 percent).
The BSE Auto Index was the frontrunner, closing 3.7 percent higher on data released on Monday indicating a jump of almost 22 percent in car sales from a year ago.
Shares in Ashok Leyland, Mahindra & Mahindra, Hero Honda and Maruti Suzuki were up in the range of 3-5.8 percent.
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- U.S. court lets stand Ex-Im Bank loan for Air India
- The rich expand their holdings and increase in number - study
- Wall St rises on hopes of Fed status quo
- U.S. groups form alliance to push for Indian trade reforms
- World stocks firm, dollar slips against euro as markets await Fed
- G8 pledges action on tax evasion, few concrete measures
- Boeing's new Dreamliner steps up big jet battle
- Investors back away from emerging markets on China fears - BofA survey
- BSE Sensex ends down 103 points; focus on Fed meet
- Road building revival offers rare hope for infra overhaul
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