Sensex, Nifty rise ahead of RBI monetary policy decisio

Mumbai, 8/2: Shares rose in early trade on Wednesday, with the benchmark Sensex surging 360.77 points ahead of the RBI monetary policy decision and positive sentiments spurred by US Federal Reserve comments on inflation.

 

 

Asian markets witnessed mixed trends on Wednesday.

 

The 30-share BSE Sensex jumped 360.77 points or 0.60 per cent to 60,646.81 points, while the broader NSE Nifty climbed 121.60 points 0.69 per cent to 17,843.10 points in early trade.

 

Ultra cement was the biggest gainer on the Sensex chart, rising 2.43 per cent, followed by Bajaj Finance, TCS, Reliance Industries, Infosys and HCL Tech.