08-12-2016 07:36 via news.yahoo.com

Sensex, Nifty rise tracking global cues, ECB meet eyed

Indian shares rose more than 1 percent on Thursday after Wall Street hit a record high overnight and as investors expected the European Central Bank to extend its asset buying campaign at a policy meeting later in the day. The gains helped domestic shares overcome declines in the previous session after the Reserve Bank of India unexpectedly kept interest rates unchanged despite investor concerns about the impact of Prime Minister Modi's demonetisation drive. "Today's market move is more to do wi
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