MUMBAI (Reuters) - India's stock markets gained over 1 percent on Thursday, marking their biggest single-day gain in about a month after the U.S. Federal Reserve raised interest rates for the first time in nearly a decade and signalled its tightening cycle would be "gradual."
The broader Nifty and the benchmark Sensex gained 1.21 percent each, recording their biggest single-day percentage gain since Nov. 19.
(Reporting by Karen Rebelo in Mumbai; Editing by Gopakumar Warrier)
