Economic TimesLean R·
Bulls return as Fed rate pause, dip in US yields lift sentiment
Mumbai: Indian equities staged a broad-based recovery Thursday, with the Sensex rising 905 points and the Nifty closing above 22,900, as supportive global cues after the US Federal Reserve's overnight decision to hold policy rates triggered buying across sectors.The US Federal Reserve voted to keep its benchmark interest rate unchanged in a target range of 3.75% to 4%, triggering a retreat in US yields. The near-1% slide in US benchmark 10-year yields offered some relief to equities, although u…
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