MUMBAI: The BSE benchmark Sensex on Friday jumped over 400 points after the US Federal Reserve"To support continued progress toward maximum employment and price stability, the committee today reaffirmed its view that the current 0 to 1/4 percent target range for the federal funds rate remains appropriate," the Federal Reserve said in a statement after the meeting of its committee.
www.sevagiri.com
decided on Thursday to leave key rates unchanged on global concerns.
The 50-share Nifty index reclaimed its crucial psychological level of 8,000, last seen on August 31.
The rally in Sensex was led by gains in HDFC, ICICI Bank, Infosys, Axis Bank, and HDFC Bank.
In a major relief to India and other developing countries, US Federal Reserve on Thursday decided not to lift interest rates to near zero for the first time in nearly a decade.
Source - TOI
www.sevagiri.com
decided on Thursday to leave key rates unchanged on global concerns.
The 50-share Nifty index reclaimed its crucial psychological level of 8,000, last seen on August 31.
The rally in Sensex was led by gains in HDFC, ICICI Bank, Infosys, Axis Bank, and HDFC Bank.
In a major relief to India and other developing countries, US Federal Reserve on Thursday decided not to lift interest rates to near zero for the first time in nearly a decade.
Source - TOI
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