Sensex Climbs 265.71 Points as US Fed Leaves Rate Unchanged

Nifty of the National Stock Exchange (NSE) surged by 90.30 points to end at 8,867.45 points.

A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. (Photo: Reuters).

• Markets soared on the back of positive global cues on Thursday after the US Federal Reserve announced keeping interest rates at a near-record low.
  
  
• Key indices – Nifty and Sensex – gained around a percentage each during the mid-afternoon trade session, as healthy buying was witnessed in stocks of banking, automobile, and capital goods.
  
  
• Nifty of the National Stock Exchange (NSE) surged by 90.30 points to end at 8,867.45 while the Sensex of the BSE, which opened at 28,766.94 points, ended at 265.71 points to end at 28,773.13.
  
  
• On Wednesday, the benchmark indices had closed flat as the initial gains were pared by a last hour bout of profit booking. The barometer index had slipped by 15.78 points or 0.06 percent. In contrast, the NSE Nifty had inched up by 1.25 points or 0.01 percent.
  

(With agency inputs)