The market is still holding gains with the Sensex up 232.88 points or 0.8 percent at 28740.30. The Nifty is up 74.55 points or 0.8 percent at 8851.70. About 1575 shares have advanced, 1022 shares declined, and 200 shares are unchanged.
Lupin, TCS, Axis Bank, Coal India and HUL were losers in the Sensex while Hero MotCorp, NTPC, SBI, Adani Ports and Relinace were gainers.
European stocks opened higher as global investors reacted to the widely expected decision by the US Federal Reserve to hold interest rates steady.
European markets are to follow the positive lead set in Asia and the US where stocks rallied after the Federal Reserve kept interest rates unchanged on Wednesday, despite hinting of a hike later in the year.
In its post-meeting statement, the Federal Open Market Committee expressed confidence in economic growth, but not enough to make a move this month.
Lupin, TCS, Axis Bank, Coal India and HUL were losers in the Sensex while Hero MotCorp, NTPC, SBI, Adani Ports and Relinace were gainers.
European stocks opened higher as global investors reacted to the widely expected decision by the US Federal Reserve to hold interest rates steady.
European markets are to follow the positive lead set in Asia and the US where stocks rallied after the Federal Reserve kept interest rates unchanged on Wednesday, despite hinting of a hike later in the year.
In its post-meeting statement, the Federal Open Market Committee expressed confidence in economic growth, but not enough to make a move this month.
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