: Indian stocks rise sharply; US Fed Chair’s speech in focus #IndiaNEWS #Business Mumbai, Aug 26 (ANI): Indian stocks opened with sharp gains this morning tracking positive cues from overseas peers.
Indian stocks rise sharply; US Fed Chair’s speech in focus #IndiaNEWS #Business
Mumbai, Aug 26 (ANI): Indian stocks opened with sharp gains this morning tracking positive cues from overseas peers. According to analysts, Dow Jones closed 300 points higher, extending the run into the second day. At 9.35 a.m., Sensex traded at 59,238.99 points, up 464.27 points or 0.79 percent, whereas Nifty traded at 17,662.00 points, up 139.55 points or 0.80 percent. On Thursday, the indices erased all early gains they accumulated to later close some 0.5 percent lower. Indian stocks had extended their bull run for the fifth straight week and managed to recover the entire losses made so far this year.
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