Sensex ends 487 pts higher

Sensex ends 487 pts higher

MUMBAI [Maha Media]:  Indian equity markets saw volatile trade on Thursday but closed on a high. Sensex ended 487.20 pts or 0.60% higher at 82,344.68, and Nifty 50 soared 167.35 pts or 0.66% to close at 25,342.75. 

Investor sentiment was buoyed by the India–EU free trade agreement, viewed as a medium-term positive for export-oriented sectors and supply-chain diversification. 

Technically, analysts note that short-covering from oversold levels could lift benchmark indices in early trade, especially in derivatives-heavy counters. 

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