MARKETS: Sensex up 500 pts, Nifty tops 17,700; realty, bank stocks rally
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LIVE market updates: The Indian benchmark indices opened on a strong footing on Thursday after the US Fed signaled that tapering could begin earlier than what market participants expect, but the committee remained equally split on interest rate lift-off.
The Sensex was up 351.37 points at 59,278.70, and the Nifty was 115.10 points higher at 17,661.80. The top gainers on the 50-pack index included Coal India, Tata Motors, Axis Bank, and Tata Steel, while the only laggards were Tech Mahindra, Titan and TCS.
The broader indices, too, opened firm, rising around 1 per cent each. Sectorally, all indices were trading positively, led by the Nifty Realty (up over 4 per cent). Besides, the Nifty Bank, Media, and Metal indices also gained by 1 per cent each.
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