Mumnai: The BSE Sensex rose nearly 1 per cent on Thursday after seven sessions of losses, as rate-sensitive stocks including lenders surged on the RBI's announcement of open market operations, while easing fears of tapering by the US Fed also helped.
The Sensex added 205.02 points or 1.02 percent to end at 20399.42. The Nifty closed at at 6056.15, up 66.55 points.
ICICI Bank Ltd provisionally surged 3.7 per cent, while HDFC Bank Ltd rose 1.5 per cent.
The benchmark BSE Sensex provisionally rose 0.99 per cent, while the broader Nifty ended higher 1.12 per cent, retracing from their lowest closing levels in more than a month made on Wednesday.
Tata Steel Ltd surged 4.8 per cent after the company's second-quarter profit beat expectations, helped by a rise in prices and market share at home.
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