BSE Sensex gains 1 pct; Infosys advances
MUMBAI (Reuters) - The BSE Sensex rose 1 percent at the open on Wednesday, led by gains in technology stocks after upbeat U.S. economic data and benign comments from the U.S. Federal Reserve lifted sentiment.
Infosys rose 1.7 percent. Among other gainers, ICICI bank (ICBK.NS) rose 2 percent and energy conglomerate Reliance Industries (RELI.NS) rose 0.7 percent
At 9:29 a.m., the benchmark 30-share BSE index was up 0.97 percent at 17,986. The 50-share NSE index rose 1 percent to 5,487.75.
(Reporting by Manoj Dharra; Editing by Rafael Nam)
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
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