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Sensex surges around 300 points, set to snap three-day losing streak

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Reuters

Reuters Market Eye - The BSE Sensex jumps around 300 points and Nifty gains over 80 points. Markets are set to snap three days of losses.

Gains track firm U.S. and Asian markets.

Minutes from the Fed's meeting suggested concerns about the economy, which may delay rate hikes.

Hindalco Industries gains 4.5 percent after global rival Alcoa Inc's earnings beat forecasts.

Bharat Heavy Electricals gains 3.7 percent after it wins orders worth 78 billion rupees.

(Reporting by Indulal PM)

 

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First Published: Oct 09 2014 | 10:25 AM IST

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