Key indices remained constant all through the session after witnessing a gap-up opening triggered by the BJP at the Centre, registering a spectacular show in recently held assembly elections in five states. Indices rose for the 3rd day in a row today, 14 March 2017.
The BSE Sensex, jumped 496.40 points or 1.71% at 29,442.63, while the Nifty 50 index surged 140.25 points at 9,074.80, on closing, for the first time ever. The market breadth, indicating the overall health of the market, was positive. On the BSE, 1,686 shares rose, 1,135 shares declined and a total of 224 shares were unchanged.
Most Asian stocks rose ahead of an expected US interest rate later in the week. U.S stocks ended mixed yesterday, 13 March 2017, since investors mainly awaited a possible interest rate hike from the US Fed Reserve after a policy meet tomorrow, 15 March 2017.
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