Indian indices surged on Thursday on positive global cues and a strong performance by the automobile, banking and realty sectors. Investors have also pinned their hopes on the Reserve Bank of India’s monetary policy decision, which will be announced later on Thursday.
At 2.25 pm on Thursday, the BSE Sensex was trading 461 points higher at 33,480.21, and the Nifty50 was 155 points higher at 10,283.75.
Major gainers during the day’s trading included Tata Motors, Tata Steel, M&M, Adani Ports, Yes Bank, Hero MotoCorp, IndusInd Bank, Axis Bank, SBI, Coal India, L&T, Dr Reddy’s, Infosys and Sun Pharma.
On the Nifty50, Vedanta and Tata Motors led the winners. The rupee was trading strong at 65.06 against the dollar.