The BSE Sensex is up by 1103 points in the early trade followed by an emergency rate cut by the United States Federal Reserve. The US Federal Reserve cut its benchmark rate by .75 percent and the rate reached now at 3.5 Percent.

The NSE Nifty is also up by 371 points.

Most of the South Asia's top stock market gained their momentum after two days of continuous falling. Investors who had incurred losses in last two days, made comparatively higher profits.

Investors are still in doubt about stability in the market.