Benchmark equity indices Sensex and Nifty rebounded in late afternoon trade on Thursday, turning higher after early weakness, aided by a rally in blue-chip Larsen & Toubro and optimism following the Economic Survey, which projected GDP growth of 6.8–7.2 per cent for the next fiscal year, driven by the cumulative impact of structural reforms.

At 14:30 hours, the 30-share benchmark index was trading at 82602.59 up by 257.91 points or by 0.31 % and then NSE Nifty was at 25412.9 up by 70.15 points or by 0.28 %.

Sensex touched intraday high of 82628.52 and intraday low of 81707.94 The NSE Nifty touched intraday high of 25437.3 and intraday low of 25159.8

The top gainers of the BSE Sensex pack were Larsen & Toubro Ltd. (Rs. 3955.55,+4.27%), Tata Steel Ltd. (Rs. 201.25,+3.84%), Axis Bank Ltd. (Rs. 1359.35,+2.94%), NTPC Ltd. (Rs. 357.25,+2.60%), Eternal Ltd. (Rs. 272.55,+2.29%), among others.

The top losers of the BSE Sensex pack were Asian Paints Ltd. (Rs. 2421.10,-3.57%), InterGlobe Aviation Ltd. (Rs. 4615.50,-2.80%), Maruti Suzuki India Ltd. (Rs. 14505.05,-2.50%), Mahindra & Mahindra Ltd. (Rs. 3371.80,-2.23%), Tata Consultancy Services Ltd. (Rs. 3144.60,-1.73%), among others.

Metal index was at 40796.22 up by 926.08 points or by 2.32%. National Aluminium Company Ltd. (Rs. 428.00,+5.37%), Tata Steel Ltd. (Rs. 201.25,+3.84%), NMDC Ltd. (Rs. 84.40,+3.55%), Jindal Steel Ltd. (Rs. 1155.10,+3.22%), Coal India Ltd. (Rs. 458.50,+3.21%),.

_CDS index was at 54958.86 down by -759.77 points or by -1.36%. Asian Paints Ltd. (Rs. 2422.25,-3.53%), Berger Paints (India) Ltd. (Rs. 464.40,-3.03%), Amber Enterprises India Ltd. (Rs. 5513.25,-1.86%), PG Electroplast Ltd. (Rs. 530.95,-1.79%), Crompton Greaves Consumer Electricals Ltd. (Rs. 222.40,-1.31%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4489 , shares advanced were 1728 while 2591 shares declined and 170 were unchanged.