Equity benchmarks recouped previous session's losses on Thursday, with the Sensex rising nearly 400 points intraday on short covering and value buying across sectors.
The 30-share BSE Sensex was up 352.03 points or 1.08 percent at 32,949.21 and the 50-share NSE Nifty rose 122.60 points or 1.22 percent to 10,166.70.
About 1,843 shares advanced against 835 declining shares on the BSE.
GAIL was biggest gainer among Nifty 50 stocks, up 4 percent followed by Tech Mahindra, Tata Power, Bosch, Eicher Motors, NTPC, Tata Steel, Maruti, Bajaj Auto and L&T.
HEADLINES OF THE DAY
IDBI Bank sells 7% stake in NSDL
IRB Infra down 3.9% after CBI files chargesheet.
GAIL planning to increase capex by 55% in next fiscal.
The crucial resistance for Nifty spot is now seen at 10310 and above this 10370.Support for the immediate term is now placed at 10125 and next support will be 10000.
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