The S&P BSE Sensex was up 308.61 points to 77,032.69, while the NSE Nifty50 added 105.75 points to 23,318.95 as of 10:25 AM.
Investors were also keeping high hopes from quarterly earnings of heavyweights Reliance Industries Ltd, Infosys Ltd and Axis Bank Ltd scheduled for later in the day.
An encouraging update on core consumer price inflation and a solid start to earnings season combined on Wednesday to send stocks flying and yields falling. The Dow Jones Industrial Average was up 610 ...
That sound you heard coming from Wall Street on Wednesday? A huge sigh of relief following strong earnings from Dow ...
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
Major U.S. stock averages finished sharply higher Wednesday, with bank stocks rising, and as a softer-than-expected core ...
A benign reading from the Consumer Price Index report assuaged market fears about the path of borrowing costs.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The Dow Jones Industrial Average and S&P 500 finished with a third straight day of gains on Wednesday, after December's consumer-price index sparked a relief rally and the biggest plunge in Treasury ...
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...