Share tips & updates: Today, Federal Reserve policymakers worried on previous month that a world wide slowdown and financial market selloff could hurt the economy of US & considered changing the central bank's planned interest rate lift path for 2016. Although most of the policymakers yet expected to raise rates current year & even discussed a hike at the Jan 26-27 policy meeting, they were divided over how to interpret the financial market volatility, in accordance with the minutes from the meeting released on yesterday.

That suggested "Federal Reserve" was backing away from the four rate increase that were signalled for current year in the month of December, when it increase rates for the very 1st time in nearly a decade. The policymakers discussed "altering their earlier views of the appropriate path for the target range for the federal funds rate," but most judged it "premature" to make big changes to their outlook, according to the minutes.

Today, stock market gained more than 1 per-cent in early trade, tracking positive trend in global peers and oil rally. All sectoral indices were trading in green lines.

Today, the 30-share BSE Sensex rose 297.08 pts or 1.27 per-cent to 23678.95 and the 50-share NSE Nifty climbed by 86.90 pts or 1.22 per-cent to 7195.35. The BSE Midcap & Smallcap indices also gained more than 1 per-cent.

The market breadth was strong as around five shares advanced for every share declining on the Bombay Stock Exchange. Hindalco Industries, Dr Reddy's Labs, Tata Motors, ICICI Bank, ONGC, Bank of Baroda, Vedanta and Cairn India rallied 2-5 per-cent while Bharti Airtel and Idea Cellular were in red lines.

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