Ignoring the rupee's further descent to a fresh record low, the benchmark S&P BSE Sensex on Thursday gained for the first time in five days surging 407 points on the back of metal shares, which got a boost from encouraging data from China.
The 30-share Sensex opened at 17,896.84, lower than the previous close of 17,905.91, and dropped to a low of 17,759.59. Value buying saw the index recover and touch the day's high of 18,349.82 before it closed at 18,312.94, a gain of...