Mumbai: The market rallied smartly in early trade on Friday reclaiming 8200 on the Nifty. The Sensex on the other hand rose 274.91 points trading at 27120.72.
Nifty rose 78.15 points trading at 8207.50 as the US Federal Reserve confirmed that the central bank is in no hurry to hike interest rates this year.
Stocks like Hindalco, ONGC, Tata Steel, SBI, PNB and Cairn India gained 1.5-2 percent, whereas Vedanta topped the buying list.
The Indian rupee gained past 65 a dollar in early trade today. It opened higher by 15 paise at 64.90 per dollar versus 65.05 Thursday. (ANI)