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Nifty edges higher after Fed signals fewer rate hikes

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Reuters BENGALURU/MUMBAI

BENGALURU/MUMBAI (Reuters) - The NSE Nifty rose 0.18 percent on Thursday tracking a rally in Asian markets after the U.S. Federal Reserve signalled fewer rate hikes this year, but profit-taking capped broader advances.

The broader index rose 0.18 percent to end at 7,512.55 points, but the benchmark BSE Sensex fell 0.02 percent to 24,677.37 points.

(Reporting by Aastha Agnihotri in BENGALURU and Rafael Nam in MUMBAI; Editing by Sunil Nair)

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First Published: Mar 17 2016 | 4:35 PM IST

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