Sensex springs surprise, up 407 points

MUMBAI: In a relief rally that witnessed behind-the-scenes selling by foreign funds, the sensex reversed its four-session losing streak and ended with a 407-point gain at 18,313. The day's 2% gain in the index rode upbeat industrial data from China which added double-digit gains in some of the leading metal stocks. However, the nearly Rs 1,300-crore net FII outflow on Thursday is something to worry about for investors, market players said.

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