March 16, 2017 / 4:31 AM / 8 months ago

Nifty ends at record high after Fed signals gradual tightening

REUTERS - The NSE Nifty closed at a record high on Thursday after the U.S. Federal Reserve suggested a more gradual pace of monetary tightening this year than many had expected.

Brokers trade at their computer terminals at a stock brokerage firm in Mumbai January 15, 2015. REUTERS/Shailesh Andrade/Files

The NSE index closed at 9,153.7, up 0.76 percent.

The benchmark BSE Sensex closed 0.64 percent higher at 29,585.85, its highest since March 3, 2015.

Arnab Paul in Bengaluru; Editing by Vyas Mohan

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