<p>The Bombay Stock Exchange (BSE) benchmark Sensex shuttled in the range of 18,429.47 and 18,161.38 before closing at 18,326.09, up 184.69 points.<br /><br />The broad-based National Stock Exchange index Nifty also rose by 58.25 points to 5,486.35.<br />Market analysts said a firming start in European stocks preceded by a upswing in the US markets on Thursday bolstered the trading sentiment.<br /><br />The capital goods sector index gained the most by 2.31 per cent to 13,195.16, as Larsen and Tourbo stocks surged by 3.57 percent, extending yesterday’s 5.8 per cent jump.<br /><br />Brokers said L&T attracted good buying support after the company reported handsome quarterly and yearly earnings.<br /><br />Tata Power was another leading gainer at 1.67 per cent.<br /><br />Pharma major Wockhardt also rose by 5.66 per cent after it turned to a profit quarter ended March 31 from losses a year-ago.<br /><br />Blue-chips Reliance Industries and Infosys Technologies too ended the day higher. RIL rose by 0.71 per cent and Infosys by 0.15 per cent.<br /><br />Recently bashed auto, healthcare, power, realty, metal and banking counter also saw some buying activity. Analysts said falling commodity prices easing inflationary encouraged institutional investors to turn to stocks.<br /><br />The US crude oil and and six industrial metal on the London Metal Exchange sank upto 1.7 per cent yesterday.<br /><br />The two-day surge is a breather for investors after a series of downfalls recently. The bellwether index has lost over 11 per cent this calender year over concerns that an unrelenting inflation and higher borrowing costs will hurt corporate earnings.</p>
<p>The Bombay Stock Exchange (BSE) benchmark Sensex shuttled in the range of 18,429.47 and 18,161.38 before closing at 18,326.09, up 184.69 points.<br /><br />The broad-based National Stock Exchange index Nifty also rose by 58.25 points to 5,486.35.<br />Market analysts said a firming start in European stocks preceded by a upswing in the US markets on Thursday bolstered the trading sentiment.<br /><br />The capital goods sector index gained the most by 2.31 per cent to 13,195.16, as Larsen and Tourbo stocks surged by 3.57 percent, extending yesterday’s 5.8 per cent jump.<br /><br />Brokers said L&T attracted good buying support after the company reported handsome quarterly and yearly earnings.<br /><br />Tata Power was another leading gainer at 1.67 per cent.<br /><br />Pharma major Wockhardt also rose by 5.66 per cent after it turned to a profit quarter ended March 31 from losses a year-ago.<br /><br />Blue-chips Reliance Industries and Infosys Technologies too ended the day higher. RIL rose by 0.71 per cent and Infosys by 0.15 per cent.<br /><br />Recently bashed auto, healthcare, power, realty, metal and banking counter also saw some buying activity. Analysts said falling commodity prices easing inflationary encouraged institutional investors to turn to stocks.<br /><br />The US crude oil and and six industrial metal on the London Metal Exchange sank upto 1.7 per cent yesterday.<br /><br />The two-day surge is a breather for investors after a series of downfalls recently. The bellwether index has lost over 11 per cent this calender year over concerns that an unrelenting inflation and higher borrowing costs will hurt corporate earnings.</p>