Positive global cues helped Indian shares end higher for a third day in a row on Thursday. The benchmark 30-share Sensex ended a volatile session up 132 points or 0.76 percent at 17,432, while the broader Nifty index rose by 34 points or 0.65 percent to 5,270. Telecom shares ended mixed after the Supreme Court canceled all licenses given to 11 telecoms companies issued after January 2008.
Elsewhere, Asian stock markets rallied today, with key benchmark indexes in Australia, China, Hong Kong, Japan and South Korea rising between 0.8 percent and 2.0 percent as upbeat manufacturing data from China, Germany and the U.S. bolstered the outlook for global economic growth.
However, European stocks swung between gains and losses in early trading, as investors weighed mixed earnings results. Underlying sentiment remains cautious after the previous session rally as Greece's talks with private sector creditors on a debt writedown plan remain unresolved.
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