Positive macro-economic data points increased hopes of a rate cut and buoyed a barometer index of the Indian equity markets to close in the positive territory on Thursday after three days of continued losses this week.
The barometer 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE) closed 37 points up provisionally on the hopes of a proposed special session of parliament to pass crucial economic legislations.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed in the green. It gained 26.70 points provisionally or 0.32 percent at 8,376.15 points.
The S&P BSE Sensex, which opened at 27,635.25 points, provisionally closed at 27,549.53 points (at 3.30 p.m.) -- up 37.27 points or 0.14 percent from the previous day's close at 27,512.26 points.
The Sensex touched a high of 27,791.10 points and a low of 27,496.29 points in the intra-day trade.
