Economic TimesLean R·
Market rides out 'expected' US rate hike, Nifty up 0.2%
Mumbai: India's equity markets ended marginally higher on Thursday as investors took the widely anticipated interest rate hike by the US Federal Reserve-the first in three years-in their stride NSE's Nifty rose 53 points or 0.2% to close at 23,270.6. BSE's Sensex fell 21.86 points or 0.03% to end at 74,314.59."The Fed rate hike was widely anticipated, and such expected events typically have limited impact on markets," said Ramesh Mantri, chief investment officer at WhiteOak Capital AMC. "Both U…
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