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Sensex rises 1 pct tracking firm global peers ahead of Fed

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Reuters MUMBAI

MUMBAI (Reuters) - The BSE Sensex rose 1 percent on Tuesday, marking its biggest daily gain in nearly 2-1/2 weeks, tracking higher global shares on hopes weak economic data would prompt the U.S. Federal Reserve to leave options open on the timing of an interest rate hike.

The Sensex ended 1.05 percent higher, marking its biggest daily gain since Feb. 27.

The Nifty gained 1.04 percent, recovering from its lowest close since Feb. 11 on Monday.

(Reporting by Abhishek Vishnoi; Editing by Sunil Nair)

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First Published: Mar 17 2015 | 3:48 PM IST

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