Sensex, Nifty open higher on Fed rate pause optimism

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Indian stocks opened higher on Wednesday, with benchmarks near all-time highs amid growing prospects of a temporary interest rate halt by the US Federal Reserve after inflation fell to a more than two-year low in May.

account Nifty 50 The index was up 0.11 percent at 18,738.85 as of 9:16 am IST, while the benchmark S&P BSE Sensex It increased by 0.07 percent, to 63,180.33 points.