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Indian Equity market moved higher after US Fed announcement

Posted: Thu Sep 19, 2013 2:50 am
by dixitx
US Fed reserve has announced no change in its 85 billion dollar program American industries. After that announcement Indian Market moved higher sensex moved 500 points higher while Nifty gained 225 points Indian currency gained 68 paise.
Remarkable that US Fed decided to did't stop concession given to Industries in Economic dow turn. This news is being considered for the Indian economy is reviving. Global Market moved higher after this news.