Sensex rises more than 450 points; Wall Street recovery boosts sentiment

India's stock markets rose more than 1 percent on Thursday, heading for their biggest single-day gain in nearly two weeks, as a sharp rebound on Wall Street last night eased fears of a protracted global market rout. Sentiment was also supported by comments from New York Fed President William Dudley on Wednesday that the prospect of a September rate hike "seems less compelling" than it was only weeks ago, given the threat posed to the U.S. economy by the recent market turmoil. A positive close fo