Indian Stock Market Recap

On Wednesday, 18 March, India's benchmark indices Sensex and Nifty 50 rose 0.8% each, mirroring global market trends. The gains were largely driven by a decline in oil prices, which in turn boosted investor sentiment.

However, investor caution prevailed ahead of the US Federal Reserve's interest rate decision, which was scheduled for later in the day. Concerns over the ongoing US-Iran conflict in the Middle East also capped gains, limiting the extent of the market's rise.

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