Indian share prices closed up 1.74 percent on Wednesday as concerns about the fallout from a global credit squeeze receded, dealers said. They said metal, property and capital goods stocks rose. The 30-share Mumbai stock exchange Sensex index rose 345.4 points to 20,199.52, its fourth straight gain.
"The fresh buying surge was led by global trends. Buying could however taper off a bit by the weekend," said Bhaskar Kapadia, a partner at Pyramid Securities.