1. Sensex jumps 905 points as US Fed pauses interest rates

Sensex jumps 905 points as US Fed pauses interest rates

Business

  • Indian stock markets recovered strongly after the US Federal Reserve kept interest rates unchanged.
  • Sensex jumped 905 points to 74,151, while Nifty rose 238 points to 22,937.
  • Lower US bond yields encouraged investors to buy Indian stocks, especially banking & financial shares.
  • • High oil prices & continued selling by foreign investors remain major concerns.

Source: economictimes.indiatimes.com

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