Indian Stock Markets Rebound Over 1% on Fed Pause; Rupee, Crude Oil Concerns Remain

Indian equity benchmarks surged over 1%, with the Nifty closing at 22,936.77 and Sensex at 74,151.04.

The rebound was supported by the US Federal Reserve holding interest rates steady, but the rupee and crude oil prices pose risks.

The rupee touched a two-week low against the dollar, while Brent crude traded around $115 a barrel, impacting India's import bill and inflation.