MUMBAI 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)
Trending On Reuters
Reliance Industries Ltd plans to invest about 2.5 trillion rupees ($39.3 billion) in digital initiatives, Chairman Mukesh Amabani said on Wednesday. Full Article
India to provide roadmap for ending corporate tax exemptions in 45 days - official Full Article
China June factory, services surveys fuel hopes economy leveling out, no quick rebound seen Full Article