Bulls return as Fed rate pause, dip in US yields lift sentiment

Economic Times ·
Economy Markets
India Business & Economy

Indian equities experienced a broad recovery as Sensex rose significantly and Nifty surpassed 22,900. This increase followed the US Federal Reserve's decision to keep interest rates unchanged, encouraging investor buying across sectors. While many indices gained, oil prices remained a concern for India's economy due to their elevated levels. Foreign portfolio investors continued to net sell…

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