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The 30-share index Sensex rose considerably for the second successive session and was trading 192 points up as compared to its last closure with telecom major Bharti Airtel topping the pack. The Sensex, which belled the day at 17,667.85, was trading 192.05 points up at 17,843.78 as against its last closure at 17,651.73.

The top Sensex mover was Bharti Airtel, which surged more than 10% after global rating agency Credit Suisse lifted its appraisal to "outperform", citing improved environment.

Bollywood superstar Amitabh Bachchan, who will be hosting the fourth season of Kaun Banega Crorepati (KBC), said that his loving wife Jaya supported him with his telly debut.

About his first day's experiences of anchoring KBC, Bachchan said, "I was scared and nervous not knowing what the public would have to say about the show, about my involvement and its eventual result."

Bachchan said he is very excited about hosting the fourth season of KBC.

A real estate sales agent has said that a mansion in Detroit visited by the luminaries of the Motown record label is up for sale.

Caldwell Banker Weir Manuel sales associate Kenan Bakirci said the home once owned by Motown Records founder Berry Gordy Jr. will be listed as soon as Monday, The Detroit News has reported. The newspaper further said that unofficially, the asking price for the 10,000-square foot home is $1.395 million.

It has been reported that U. S. markets closed higher for the third consecutive trading session on Thursday, a turnaround after seven straight sessions with declines.

According to the latest reports, the International Monetary Fund increased its growth projection for the global economy to 4.6 percent, compared with April's estimate of 4.2 percent growth. In Washington, the Labor Department said 454,000 first-time jobless claims were filed in the week ending July 3, 21,000 fewer than the previous week.

The U. S. Environmental Protection Agency said on Thursday that Monsanto Co. Inc. has agreed to pay a $2.5 million fine for distributing a mislabeled pesticide.

The EPA also said that the fine is the largest civil penalty ever levied under the Federal Insecticide, Fungicide and Rodenticide Act.

The EPA further added that the mislabeled toxins were sold and distributed for use on cotton seed and contained genetically engineered pesticides.

The company said on Thursday that an unidentified Asian nation is to receive C4I systems from the Harris Corporation under a $99 million deal.

It said the order for its new multi-level system for command and control, communications, computers and intelligence, include the company's Falcon III and Falcon II tactical radios, including the RF-7800S Secure Personal Radio, RF-7800M Multiband Networking Radio, RF-7800V VHF Combat Net Radio, RF-7800W High-Capacity Line-of-Sight Radio and the RF-5800H High Frequency Radio.