The Sensex snaps four day loosing streak and ended higher on positive European cues and surge seen in the Hang Seng index which lifted the market sentiment. Buying was seen in metals, auto, oil & gas and capital good stocks. All sectoral indices on the BSE closed in the green. The Sensex was up 291 points to 15,674 and the Nifty rose 87 points, to 4,680 after trading in the range of 4695-4580. The broader indices also gained 1% each. The Sept nifty future ended with 12 points premium as against yesterday's 10 point discount. The market breadth was positive and the total turnover volumes also picked up to Rs 91,761 cr. as against Rs 83,323 cr.

For the week the Sensex ended 1.5 % lower.

The BSE auto index rose 2.9 %. Amtek Auto zoomed nearly 16 % to Rs 183. M&M, Escorts and MRF were the other main gainers, each rose over 5 %. Hero Honda up 4% and Maruti were up 2.6%.

The BSE metal index gained 2.8 %. In the metal space, Hindustan Zinc rose over 5.8 % to Rs 788. STER up 4%, TataSteel up 2.2% and Jindal St & Power were up 3.5%.

The capital goods index advanced 2.3 %. Lt was up 3.4%, Bhel up 0.7%, Siemens up 3.2% and Praj Ind were up 7.9%.

The oil & gas index rose 2.1 %. ONGC was the biggest gainer in the oil & gas sector. The stock surged 3 % to Rs 1,177. Reliance Ind up 2.6%, Cairn Ind was up 1.6%.

In the Midcap space active counters were IFCI up 11%, Monnet Ispat up 8%, Astra Microwave up 17% and Uttam Steel was up 10%.

In the Sensex pack M&M was the top gainer, up 6.2 % to Rs 863. Hero Honda, Sterlite Ind, L&T were the other main gainers. The stocks rose over 3.4 % each.