Sensex closes 139 points up despite erasing half of intra-day gains

Sensex closes 139 points up despite erasing half of intra-day gains

All eyes are on the outcome of two-day US Federal Reserve's policy meeting that is scheduled to be announced tonight.

The benchmark BSE Sensex rose 226.86 points, or 0.69 percent, at 33,223.62 in opening trade.

The wider Nifty50 of the National Stock Exchange (NSE) edged higher by 30.10 points or 0.30 per cent to provisionally close at 10,124.35 points (at 3.30 p.m.).

Mumbai: The rupee edged marginally higher by 1 paisa to 65.19 against the United States dollar in early trade ahead of the Federal Reserve's policy decision on Wednesday.

The Nifty PSU Bank index was trading almost 1.5% higher led by a rise in the shares of IDBI Bank, Bank of India and Canara Bank. In intra-day trade, the index had gained as much as 359 points to touch the day-high of 33,354.93.

Z and Beyonce Add More Dates to 'OTR II' Tour
BEYONCE looks insane in Love with Jay Z as she straddles as motor cycle in fishnet tights with her man for their new music video. Beyonce and Jay-Z will take the show to the London Stadium on Friday 15 June with other dates in Manchester, Cardiff and Glasgow.

Iraq recovers bodies of 39 Indians abducted by IS in 2014
The remaining 39 Indians were taken to Badoosh and killed. "We knocked every door thinking some of them may have escaped". Indian authorities requested their Iraqi counterparts to exhume the bodies which will now be brought back to India.

Rahul returns to Karnataka, berates Modi for 'insult'
Mangaluru: Congress President Rahul Gandhi addresses during a party rally in Mangaluru, Karnataka on March 20, 2018. However, the French president during his visit to India denied having any such secret pact with India, he claimed.

The gauge had gained 73.64 points in a volatile session on Tuesday. Short-covering by speculators too supported the rally.

Meanwhile, foreign portfolio investors (FPIs) bought shares worth Rs 344.16 crore on a net basis, while domestic institutional investors (DIIs) also purchased equities to the tune of Rs 731.17 crore yesterday, provisional data showed.

While Japan's Nikkei 225 remained closed on local holiday, Hang Seng up by 1.15 per cent, South Korea's Kospi was also up by 0.11 per cent.

The US Industrial Average of US Dow Jones ended 0.47 percent higher on Tuesday.

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