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Share Market Highlights: Sensex closes 665 points up, Nifty above 10,800; Axis Bank, Tata Motors shares rally

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Stock market India Highlights: The domestic stock markets –Sensex and Nifty–posted a very strong rally on Thursday, ahead of Union Budget 2019. The Sensex closed 665 points higher at 36,256.69 while the Nifty closed 1.68% higher at 10,830.95. Tata Motors, Axis Bank shares gained more than 4% each to Rs 722.95, to emerge among the biggest Sensex gainers. Infosys shares gained more than 3.46% to Rs 750.80, while Kotak Mahindra Bank shares are trading 2.5% higher at Rs 1,252.80.

Asia stocks rose to a four-month high on Thursday, tracking Wall Street, after the Federal Reserve pledged to be patient with further interest rate hikes, signalling a potential end to its tightening cycle amid signs of slowing global growth. The dollar struggled near a three-week trough against its major peers and U.S. Treasury yields were significantly lower as investors reacted to the Fed s change in tone, Reuters reported. We bring to you LIVE updates.