Sensex up more than 700 points ...Middle East

New Delhi:  The BSE Sensex on Thursday climbed 743.95 points or 1.03 per cent to 72,845.64 in early trade. NTPC, IndusInd Bank are top gainers – up by 3 per cent. The uncertainty regarding the Fed decision is over with the Fed keeping the rates unchanged and refraining from a hawkish message, says V. K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services. The Fed chief’s statement that “inflation has eased substantially while the labour market has remained strong” conveys conviction about the soft landing of the US economy and the possibility of probably three rate cuts this year, he said. The response from the market was the US indices racing to record highs. This favourabl

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