Sensex up 205 points, closes at 14,078.21

The BSE-30 share index, Sensex, which had lost 36.21 points in previous session, staged a strong comeback to close 205.84 points, or 1.48 per cent higher at 14,078.21 after touching the day's high of 14,107.06.

Similarly, on the wide-based National Stock Exchange, Nifty gathered 63.15 points, or 1.54 per cent at 4,150.85. It moved between 4,161.20 and 4080.20 points during the session.

Market observers said apart from firming global markets, UBS brokerage raising RIL's earnings per share forecast to Rs 92.90 from Rs 82.80, also buoyed the trading sentiments.

RIL shot up to hit another new high of Rs 1626 before moving up by Rs 63, or 4.04 per cent higher at Rs 1623.10.

All the sectoral indices ended in the positive zone, reflecting the all-round buying activity. - DDNews