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The US Fed keeps rates unchanged, and the share market opens higher.
Mar 20, 2025 03:54 pm
By
infodivyadelhi


Divya Delhi:  Following the US Federal Reserve's decision to maintain interest rates at their current level, the Indian share market began Thursday's trading session on a high note. In addition, the Fed increased estimates for unemployment and inflation while lowering its growth forecasts. These findings sparked a strong reaction from investors, which caused the Sensex and Nifty indices to soar. The Sensex increased 381.49 points to 75,830.54 at the opening bell, while the Nifty opened at 23,026.25, up 118.65 points. With 41 of the 50 Nifty companies reporting gains and only nine reporting decreases, market sentiment remained optimistic. "All central banks acted as per market expectations yesterday," stated banking and market analyst Ajay Bagga. Citing ongoing trade policy uncertainty as a burden on its economy, the Bank of Japan pressed the pause button.