Equity benchmarks turned volatile after strong opening on Wednesday.
The 30-share BSE Sensex opened more than 100 points higher but could not sustain entire gains.
The index rose 53.10 points to 25869.46 and the 50-share NSE Nifty advanced 7.15 points to 7921.85.
HDFC gained 2.4 percent after the company's board approved 10 percent stake sale in its insurance arm HDFC Life Insurance through public offer.
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