US markets have rallied on Thursday as economic data boosted confidence in the recovery.

The Dow Jones industrial average jumped 204 points (2%) to end at 10,005.96.The Nasdaq Composite Index rose 50 points (2.42%) to close at 2,105.32.All the Indian ADRs ended on an extremely positive note.

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Also Read   Related Stories News Now - Markets post worst May performace since 2006 - US jobs data points to recovery losing momentum - FII-TO-FII TRADES: PNB traded at 5% premium - Sugar output up at 25.5 million tonne this year surpasses govt estimate - CoalMin identifies 54 blocks for allocation through auction More

Tata Communications advanced 3% to $15.55 and Sterlite was up 2% at $17.02, respectively.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets post worst May performace since 2006 - US jobs data points to recovery losing momentum - FII-TO-FII TRADES: PNB traded at 5% premium - Sugar output up at 25.5 million tonne this year surpasses govt estimate - CoalMin identifies 54 blocks for allocation through auction

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