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SHARE MARKET TODAY · INDIAN ·

Nifty closes above 23,250 as selective buying offsets rate hike concerns

As reported by Share Market Today
The key equity benchmarks inched higher on Thursday, as investors assessed the US Federal Reserve's latest policy decision and its implications for global liquidity. The Fed raised its benchmark interest rate by 25 basis points to 3.75%-4%, its first hike since 2023. The central bank's projections also kept the possibility of another rate increase this year on the table, with the latest projections showing a range of views among policymakers.
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