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Sensex rises over 300 points on hopes of US Fed rate hike pause; Nifty above 19,500
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US Federal Reserve could pause rate hikes this month, Indian equity indices opened higher on Friday after hitting record highs in the previous session, led by IT, banking, and financial stocks. The BSE Sensex was trading 304 points or 0.46% higher at 65,862, while Nifty50 was trading at 19,503, up 90 points or 0.46% at around 9.17 am.
Read more on economictimes.indiatimes.comAbout this in other media
US economy grew at a faster 2.4% rate in April-June quarter despite Fed rate hikes abcnews.go.com /9 months ago
US Fed rate hike: How is it going to influence RBI? livemint.com /9 months ago
US GDP growth accelerates to 2.4% in Q2 despite Fed rate hikes livemint.com /9 months ago
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