Dynamite News Sensex jumps over 150 pts; Nifty above 11,950
Market benchmark BSE Sensex climbed over 150 points on Thursday tracking gains in other Asian equities after US Federal Reserve kept interest rates unchanged at its policy meeting and hinted at an accommodative stance throughout next year.
Mumbai: Market benchmark BSE Sensex climbed over 150 points on Thursday tracking gains in other Asian equities after US Federal Reserve kept interest rates unchanged at its policy meeting and hinted at an accommodative stance throughout next year.
The 30-share index was trading 149.75 points or 0.37 per cent higher at 40,562.32 in morning trade. The broader Nifty was trading 47.60 points or 0.40 per cent up at 11,957.75.
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In the previous session, the 30-share gauge finished 172.69 points or 0.43 per cent higher at 40,412.57, and the Nifty climbed 53.35 points or 0.45 per cent to close at 11,910.15.
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Stock exchanges on Wall Street too settled higher after the Fed meet outcome. Brent futures, the global oil benchmark, rose 0.44 per cent to USD 64 per barrel.
Meanwhile, the rupee appreciated by 16 paise to 70.68 in morning session.(PTI)