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)
- Tweet this
- Share this
- Digg this
- China building South China Sea island big enough for airstrip - report
- Bill Cosby says he does not have to 'answer to innuendos': report
- Pakistani family sentenced to death over "honour killing" outside court
- Volunteer snow shovelers hit Buffalo streets as flooding fears rise |
- Video streaming service Aereo files for bankruptcy
Prime Minister Narendra Modi has a long list of pro-growth measures to implement over the next four months, but time may have already run out to breathe enough life into the economy to meet the tough 2014/15 fiscal deficit target without cuts. Article