Markets rise for 3rd day on survey's GDP forecast

MUMBAI: Rising for the third consecutive day, benchmark stock index Sensex advanced 221 points and Nifty settled above 25,400 on Thursday following a rally in Larsen & Toubro and the Economic Survey projecting the GDP growth of 6.8-7.2 per cent for the next fiscal.

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Erasing its early losses, the 30-share BSE Sensex climbed 221.69 points or 0.27 per cent to settle at 82,566.37.

During the morning trade, it tanked 636.74 points or 0.77 per cent to 81,707.94.

The 50-share NSE Nifty edged higher by 76.15 points or 0.30 per cent to end at 25,418.90.