Indian Stocks Close Higher

The Sensex rises 1.5%.
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MUMBAI -- Indian stocks gained Thursday, with the BSE Sensex gaining 185.40 points, or 1.52%, to close at 12,389.41.

Gainers Thursday were

HDFC Bank

(HDB) - Get Report

, which gained 3.98%,

Infosys Technologies

(INFY) - Get Report

, gained 3.47%, and

Gujarat Ambuja

, rose 3.21%.

The losers were

Bharti Airtel

, down 0.48%,

Reliance Energy

, down 0.33%, and

Dr. Reddy's

(RDY) - Get Report

, shed 0.11%.

HPCL

moved up 2.38% as it announced that it will raise output at its Vizag refinery and stop producing low-value fuel oil after it upgrades the plant.

This story was created through a joint venture between TheStreet.com and IRIS.