Sensex, Nifty edged higher in early trade, Thursday after the Fed Reserve delivered a much-anticipated interest rate. The BSE Sensex rose 21.02 points at 33,074.06. The NSE Nifty index advanced 11.90 points at 10,204.85 in the late morning hours.
Shares of I.T major Infosys Ltd and HDFC Bank were the major contributors to the Sensex, shares of Tata Consultancy Services (TCS) and HDFC capped the gains.
All sectoral indices have opened the day in green, except FMCG and bank stocks, with realty and consumer durables stocks witnessing buying interest.
Tata Steel Limited will be meeting next week to consider a proposal to raise funds through a combination of methods.
The NSE will auction investment limits for foreign investors for purchase of thecorporate bonds worth over Rs.7300 crore today.
Commodity: COMEX Gold futures stayed near 5-month low while MCX Gold futures are trading at Rs. 2,8100 per 10 grams, down marginally on the day. The Indian rupee is trading at 64.45 to the US dollar.