NEW DELHI: The bulls were in charge on D-Street today as hopes that the US Federal Reserve would open the door to future rate cuts at its policy meeting later in the day buoyed investor spirits.
Meanwhile, the reports of US-China talks next week also gave a shot in the arms to the markets across the globe and India was no exception. Trump said on Tuesday that teams from the two sides would begin preparations for the leaders to sit down at the G20 summit in Osaka. China, also confirmed t ..
Japan’s Nikkei rose 1.5 per cent and South Korea's Kospi 1.1 per cent.
At around 9:30 am, the 30-pack Sensex 287 points or 0.74 per cent higher at 39,333. The NSE Nifty was up 85 points or 0.73 per cent at 11,776 with 45 stocks in the black.
In the Sensex pack, barring HeroMoto Corp (down 0.62 per cent) all other 29 stocks traded higher.
Tata SteelNSE 3.41 % was the biggest gainer, up 3.65 per cent. Kotak bank, Tata Motors, Axis BankNSE 1.11 %, L&T and RILNSE 1.21 % were other gainers, rising over 2 per cent.
On the sectoral front, BSE Metals was the top gainer, up 1.85 per cent led by ga ..
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