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BENGALURU: Indian shares opened higher on Thursday, led by pharma stocks on strong quarterly results from Dr. Reddy’s Laboratories and Cipla, after the US Federal Reserve hiked rates by 25 basis points as expected.
Reliance, L&T power Indian shares ahead of Fed rate decision
The Nifty 50 index was up 0.30% at 19,836.50, while the S&P BSE Sensex gained 0.26% to 66,882.35 at 9:16 a.m. IST.