Sensex posts biggest percentage gain in about seven weeks

Image
Reuters MUMBAI
Last Updated : Nov 19 2015 | 3:48 PM IST

MUMBAI (Reuters) - Indian shares rose over 1 percent on Thursday, posting their biggest single-day percentage gain in nearly seven weeks, tracking higher Asian markets on bets the U.S. Federal Reserve would raise rates in December but proceed cautiously on more tightening.

The Sensex ended 1.41 percent higher, its biggest single-day percentage gain since Oct. 5.

The Nifty gained 1.43 percent, also its biggest single-day percentage gain since Oct. 5.

(Reporting by Karen Rebelo in Mumbai; Editing by Anand Basu)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 19 2015 | 3:40 PM IST

Next Story