Auto and tech stocks rise as the Sensex recovers 443 points and the Nifty settles above 15,550.

BSE Sensex soared 443 points or 0.86% to close at 52,266 today . The wider NSE Nifty moved 143 points or 0.93% up to settle at 15,557 .

New Delhi (New York) After a rough start, Indian equity benchmarks soared on Thursday, boosted by gains in automobile, manufacturing, and pharmaceutical stocks.Today, a drop in crude oil prices has boosted domestic sentiment.Brent crude futures fell 1.91 per cent to $109.61 per barrel as markets recompared their predictions of recession risks and fuel demand, which is advantageous to India as it is largely an importer.According to Narendra Solanki, Head of Research at Anand Rathi Investment Services, the 30-share BSE Sensex soared 443 points or 0.86% to close at 52,266 today, while the wider NSE Nifty moved 143 points or 0.93% up to settle at 15,557.Mid- and small-cap stocks closed on a positive note as Nifty Midcap 100 increased 1.21 percent lower and small-cap increased 1.31 percent.14 out of Nifty Auto, Nifty Technology, and Nifty Pharma led the way in terms of sub-indices, yielding 4.39 percent, 1.96 percent, and 1.58 percent, respectively.On the stock-specific front, Maruti was the top Nifty gainer as the stock soared 6.65 percent to Rs 8,300.30.