Benchmark Indices Opened Sharply Higher On Short Covering And Following Positive Lead

Benchmark indices opened sharply higher on short covering and following positive lead from global peers. Investors are interested to see the outcome of Federal Reserve meeting due tonight.

The 30-share BSE Sensex was up 194.69 points or 0.59 percent at 33,191.45, and the 50-share NSE Nifty gained 57.50 points or 0.57 percent at 10,181.90.

Nifty Midcap Index was up 147 points or 0.8 percent.

BEML, Ashok Buildcon, LT Foods, KRBL, KPIT Technologies, Canara Bank, United Bank of India, IDBI Bank, Andhra Bank, Allahabad Bank and Max Financial gained up to 5 percent.

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