LIVE MARKET UPDATE

Thursday 9 April 2015

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The S&P BSE Sensex rallied as much as 168 points in trade on Thursday, after Moody's Investors Service changed India's outlook to positive from stable. The rally in the index was led by gains in HDFC, ICICI Bank, TCS, RIL, Infosys and Axis Bank. 


Moody's decision to revise the ratings outlook to positive from stable is based on its view that there is an increasing probability that actions by policy makers will enhance the country's economic strength and, in turn, the sovereign's f
inancial strength over coming years. 


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