The BSE Sensex rebounded strongly to end near a two-month high of 26,878 by zooming over 245 points and the National Stock Exchange (NSE)’s Nifty reclaimed the 8,200-mark after the US Fed minutes hinted at the uncertainty over the pace of rate hike.
A higher US interest rate means flight of capital from emerging markets in quest of better returns.
The sentiment took on a shine after value-buying in blue-chips amid a mixed trend in global markets boosted by overnight gains in the US. The US shares closed near record after the minutes of the December meeting signalled a less aggressive stance

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