Nifty ends at record high after Fed signals gradual tightening
Thu Mar 16 2017
Ramesh Sridharan (877 articles)

Nifty ends at record high after Fed signals gradual tightening

The NSE Nifty closed at a record high on Thursday after the U.S. Federal Reserve suggested a more gradual pace of monetary tightening this year than many had expected.

The NSE index closed at 9,153.7, up 0.76 percent.

The benchmark BSE Sensex closed 0.64 percent higher at 29,585.85, its highest since March 3, 2015.

 

Ramesh Sridharan

Ramesh Sridharan

Ramesh Sridharan is our Stock Market Correspondent covering events and daily movements of stock markets in Asia. He is based in Mumbai