Business Standard

Sunday, January 19, 2025 | 01:21 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Sensex, Nifty post best gain in a month on Yellen's comments

Image

Reuters

(Reuters) - Indian stock markets jumped 1.8 percent on Wednesday and posted their biggest single-day percentage rise in about a month, tracking gains throughout Asia after U.S. Federal Reserve Chair Janet Yellen called for caution when raising interest rates.

The broader Nifty rose 1.82 percent to end at 7,735.20, marking its biggest single-day percentage gain since March 2. It had earlier gained as much as 1.9 percent.

The benchmark BSE Sensex jumped 1.76 percent to close at 25,338.58.

(Reporting by Aastha Agnihotri in Bengaluru; Editing by Subhranshu Sahu)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 30 2016 | 3:53 PM IST

Explore News