Sensex rebounds 164 points

Cutting short its three-day losing run, the benchmark BSE Sensex on Thursday rebounded by 164 points to close at 29,332.16 as oil & gas, auto, metal and capital goods stocks advanced amid rebound in global markets. Brokers said the sentiment got a lift largely in tandem with a rebound in global markets.

After opening higher at 29,201.01 points, the Sensex advanced to hit a high of 29,373.79 in day trade. It, however, pared some of the gains due to profit-to profit-booking towards the close and finally settled at 29,332.16, up by 164.48 points or 0.56 per cent.