Advertisement

HindustanTimes Mon,22 Sep 2014

Bernanke talks up markets, Sensex jumps 180 points

HT Correspondent, Hindustan Times  Mumbai, July 18, 2013
First Published: 21:20 IST(18/7/2013) | Last Updated: 21:22 IST(18/7/2013)

The benchmark BSE Sensex on Thursday rose 180 points, or 0.9%, to close at a new six-week high of 20,128 on strong global cues after US Federal Reserve chairman Ben Bernanke said the bank had no plans to wind down its stimulus until the economy was back on track.

Advertisement

The Nifty also rose 65 points, or 1.1%, to 6,038.

“Dealers expect volatility to perk up on Friday, given the weekly close and results by index major RIL,” said Amar Ambani, research head, India Infoline.

The rupee meanwhile fell 33 paise to 59.67 against the dollar, after Fed’s comments.


Advertisement
more from Business

FinMin in a quandary over Dabhol project

The government’s diktat to public sector banks to rein in their non-performing assets (NPAs) has brought the focus sharply back on the Ratnagiri power project in Maharashtra (the erstwhile Dabhol plant).

markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved