The Indian stock market Sensex rose nearly 500 points, hitting a record high today. While investors expect the US Federal Reserve (Fed) to slow down interest rate hikes. and lowered the amount in the bond purchase program following the quantitative easing (QE) measures after the release of lower-than-expected inflation figures.
The S&P BSE Sensex index closed at 58,723.20 plus 476.11 points, or 0.82%.
Communications stocks rose to lead the market today.