Indian shares rose modestly on Thursday, with key benchmark indexes Sensex and Nifty extending gains for a fifth consecutive session, as easing geopolitical tensions offset pressure from a stronger dollar and higher U.S. Treasury yields.
Global bond yields surged after the Federal Reserve held its benchmark interest rate steady on Wednesday but Chair Kevin Warsh's focus on "price stability" signaled an increasingly hawkish pivot.
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Business News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.