Guwahati: Positive cues from the global markets and the Federal Reserve Banks rate hike pushed the Indian Markets to near two-month highs on Thursday.

The market sentiment was also uplifted by the better-than-expected results of non-bank lender Bajaj Finance after its quarterly earnings beat market expectations.
The 30-share Bombay Stock Exchange surged by 1041 points to close at 56,587 points, while the Nifty closed with a gain of 287 points at 16,929 points.
The U.S. Federal Reserve’s 0.75 percentage point hike in interest rates, as the apex bank said there is no chance of recession.
Bajaj Finance surged 5.8% to its highest in nearly three months, topping gains on the Nifty 50, after the non-bank lender reported stronger-than-expected first-quarter results.
Tata Motors slid 2.8% in its biggest intraday drop in over a month after the automaker reported a bigger loss, hit by a cost jump.
SpiceJet dived 9.3% to a March 2020 low after India's aviation regulator halved the budget carrier's capacity, citing recent safety snags on Wednesday.
Nifty 50 components Dr. Reddy's Laboratories, Bajaj Finserv, and SBI Life Insurance are scheduled to report results later in the day.
Positive cues from global markets following the Fed policy outcome, as well as domestic large caps’ upbeat earnings, drove the market rally.
The Fed's decision was as expected, while their positive comments, dismissing the possibility of a recession and hinting at a slower pace of rate hikes in the coming months, boosted global sentiments.
As a result, the Indian rupee strengthened, potentially attracting foreign funds into the domestic market. Domestic investors are now bracing for the RBI's MPC meeting next week, expecting a rate hike by 25-50 basis points.