Sensex soars over 350 pts; Nifty near 11,800

DN Bureau

Domestic equity benchmark BSE Sensex rallied over 350 points Wednesday driven by gains in banking and IT stocks, amid positive cues from global markets ahead of US Fed policy outcome.

Representational Image
Representational Image

Mumbai: Domestic equity benchmark BSE Sensex rallied over 350 points Wednesday driven by gains in banking and IT stocks, amid positive cues from global markets ahead of US Fed policy outcome.

Also Read: Sensex, Nifty turn cautious ahead of US Fed policy meet 

The 30-share index was trading 367.24 points, or 0.94 per cent, higher at 39,413.58 at 0930 hours. Similarly, the broader NSE Nifty was quoting 104.75 points, or 0.90 per cent, up at 11,796.25.

In the previous session Tuesday, the BSE gauge settled 85.55 points, or 0.22 per cent, higher at 39,046.34, while the Nifty closed 19.35 points, or 0.17 per cent, higher to end at 11,691.50.

Also Read: Rupee rises 11 paise to 69.80 vs USD in early trade 

On the currency front, the Indian rupee appreciated 16 paise to 69.53 against the US dollar. (ANI)
 

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