BSE Sensex edges up, track Asian indexes

SENSEX-NIFTY-ONGC-BPCL-FED:BSE Sensex edges up track Asian indexes

 

Reuters Market Eye - The BSE Sensex rises 0.2 percent, while the broader 50-share Nifty adds 0.3 percent, tracking gains in Asian shares, as investors hope for additional U.S. monetary stimulus measures.

The Federal Reserve concludes a two-day policy meeting later in the day, with expectations high the U.S. central bank will extend its bond-buying programme.

Hopes for government fiscal measures also support: state-owned oil companies rise for a second day rose on hopes for a diesel price hike.

Oil and Natural Gas Corp rises 1.6 percent, while Bharat Petroleum Corp rises 0.8 percent.