The Sensex gained 0.48 per cent to 29,462.27 points, while the Nifty ended 0.3 per cent higher at 8,895.30 points.
Mumbai: The BSE Sensex gained for a seventh straight day on Thursday in a volatile session that saw metals and mining companies such as Hindalco Industries (HALC.NS) and Jindal Steel and Power (JNSP.NS) surging after the successful completion of the country's first auction to sell mines.
The auction follows a court cancellation of all previous licenses and the initial bidding suggests companies are keen to secure supplies as the economy improves.
The Sensex gained 0.48 per cent to 29,462.27 points, while the Nifty ended 0.3 per cent higher at 8,895.30 points.
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