Nifty Index Wiggles Up 0.2% as US Rate Hike Fizzles Out

On Thursday, the Indian stock market had a little celebration! The Nifty index wiggled up by 0.2%, while the Sensex stumbled a bit. Investors shrugged off the US interest rate hike like it was nothing. Domestic buyers jumped in to lend a hand, and bond yields relaxed as oil prices dipped. Looks like confidence in the Indian economy is on the rise!