Sensex jumps over 4000 points on no rate hike by US Federal Reserve

September 18, 2015 10:57

The BSE benchmark Sensex on Friday jumped over 400 points after the US Federal Reserve decided on Thursday to leave key rates unchanged on global concerns.

The 50-share Nifty index reclaimed its crucial psychological level of 8,000, last seen on August 31. The rally in Sensex was led by gains in HDFC, ICICI Bank, Infosys, Axis Bank, and HDFC Bank. In a major relief to India and other developing countries, US Federal Reserve on Thursday decided not to lift interest rates to near zero for the first time in nearly a decade.

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