Sensex, Nifty end higher as metal stocks rally on hopes of demand uptick

Benchmark indices Sensex and Nifty closed on a positive note on Thursday as metal stocks rallied on hopes of higher demand.

Indian shares snapped three sessions of losses to end higher on Thursday, as metal stocks hit record highs on expectations that strong infrastructure spending will fuel demand. The blue-chip NSE Nifty 50 index ended 0.44% higher at 15,778.45 and the benchmark S&P BSE Sensex was up 0.40% at 52,653.07.