REUTERS - Indian shares hit a seven-month high on Thursday, rebounding from earlier losses, as stocks such as Coal India Ltd rose on firmer commodity prices, while sentiment was also underpinned by hopes about the economy.
The broader NSE Nifty ended 0.48 percent higher at 8,218.95, while the benchmark BSE Sensex closed up 0.48 percent at 26,843.14, after earlier falling as much as 0.3 percent each.
Both the indexes touched their highest since late October.
Shares of Coal India ended up 3.42 percent, their highest close in more than two months, after the company raised coal prices.
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Anupama Dwivedi)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app