{"id":111063,"date":"2021-04-01T07:32:20","date_gmt":"2021-04-01T07:32:20","guid":{"rendered":"https:\/\/fin2me.com\/?p=111063"},"modified":"2021-04-01T07:32:20","modified_gmt":"2021-04-01T07:32:20","slug":"corrected-official-indian-shares-rise-after-fed-commits-to-lower-interest-rate-hdfc-bank-top-boost-march-18","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/corrected-official-indian-shares-rise-after-fed-commits-to-lower-interest-rate-hdfc-bank-top-boost-march-18\/","title":{"rendered":"CORRECTED-(OFFICIAL)-Indian shares rise after Fed commits to lower interest rate; HDFC Bank top boost (March 18)"},"content":{"rendered":"
(Corrects to remove reference in fifth paragraph to Vodafone share move based on incorrect TRAI data, after the regulator issued revised data on March 31)<\/p>\n
BENGALURU, March 18 (Reuters) – Indian shares clocked broad-based gains on Thursday, as global sentiment improved after the U.S. Federal Reserve pledged to keep its benchmark overnight interest rate near zero.<\/p>\n
The NSE Nifty 50 index was up 0.95% at 14,861.65 by 0351 GMT, while the S&P BSE Sensex gained 0.87% to 50,236.51, ahead of the weekly expiry of derivative contracts.<\/p>\n
Both indexes had ended over 1% lower on Wednesday.<\/p>\n
All 14 major sectoral indexes were higher in early trading, with HDFC Bank and mortgage lender HDFC Ltd being the top two boosts to the Nifty 50.<\/p>\n
Meanwhile, the U.S. central bank\u2019s decision to keep interest rates near zero sent Asian shares higher with the MSCI\u2019s broadest index of Asia-Pacific shares outside Japan adding nearly 1%.<\/p>\n