Don’t miss the latest developments in business and finance.

Sensex gains; exporters up on Fed hopes

Image
Reuters
Last Updated : Sep 17 2014 | 10:55 AM IST

Reuters Market Eye - The BSE Sensex and Nifty rose on Wednesday, tracking higher Asian equities on speculation the U.S. Federal Reserve will stick to its pledge of keeping rates low.

The benchmark BSE Sensex was trading up 0.64 percent while the Nify was 0.65 percent higher as of 10:45 a.m.

Market sentiment was also boosted after China injected $81 billion into major banks.

Exporters were leading the gains.

Shares in Infosys gained 1.41 percent while Dr.Reddy's Laboratories was 1.35 percent higher.

(Reporting by Abhishek Vishnoi)

Also Read

First Published: Sep 17 2014 | 10:48 AM IST

Next Story