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23.09.2021 | Sensex nears 60000 despite Fed's hawkish stance

Indian markets hit fresh record high on Thursday, with the Sensex just short of hitting 60000, despite US Federal Reserve's hawkish stance signaling interest rate increases may follow more quickly than expected. Analysts said markets response to Fed’s stance is surprising but indicative of the strong bullish undercurrent. Evergrande crisis in China appears to be receding as of now.
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