Indian shares rise

Indian share prices rose 1.43 percent on Thursday on strong regional market trends as the benchmark 30-share Sensex crossed the 14,200 level on fund buying in metal and banking stocks, dealers said.
They said buying interest was seen in real-estate stocks after strong demand in India's biggest initial share sale by real-estate player DLF, which closes Thursday and aims to raise as much as 2.4 billion dollars. The 30-share Sensex index rose 200.69 points to 14,203.72, after slipping 127.92 points on Wednesday. "The markets surge was more of a technical bounce back and bargain hunting in key sectors," said Manoj Kakaiya, dealer with brokerage ULJK Securities.