The index rose close to 500 points on opening after the US Federal Reserve (Fed) pledged to shrug off inflation worries for a while and keep the monetary policy loose through 2023
Gold gains for third day as bond yields, dollar retreat
Economic management in India will remain tricky
US yields recovered on Wednesday, reducing the appeal of holding gold, while the dollar also bounced back
Taiwan and South Korea witnessed the biggest net sales
Sensex, Nifty posts second-worst fall of 2016; Rupee drops to 10-week low