Indian Shares Rise as Fed Holds Rates and Earnings Lift Indexes
The Nifty 50 rose 1.1% to 22,936.75 as the Fed held rates steady and quarterly earnings were upbeat. The Sensex also gained.
By Vivek Kumar MIndian shares rose on Thursday, rebounding from a recent drop, as the US Federal Reserve held interest rates steady as expected and upbeat quarterly earnings lifted the benchmark indexes.The benchmark Nifty 50 NSE:NIFTY rose 1.1% to 22,936.75 and the BSE Sensex BSE:SENSEX added 1.2…