Market erased early losses to close modestly higher on
Thursday, with IT stocks taking the lead after recent steep losses on worries
over H1B visa policy changes in the U.S.
The Sensex rose 39 points to 28329, snapping two days
of losses. The Nifty index added 9 points to finish at 8778. The Sensex which
opened at 28349 points, traded at 28281 points down 8 points, from the previous
close at 28289 points. The Sensex has so
far touched a high of 28469 points and a low of 28152 points during intra-day trade.