Indian shares rebound led by lenders
Indian shares rose on Wednesday led by gains in lenders and payment firms following a new fee on UPI transactions. High oil prices and caution ahead of a U.S. Federal Reserve rate hike capped gains.
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Indian shares rose 0.45% on Wednesday afternoon following a recent slide, driven by lenders and payment firms after a government fee on UPI transactions. The rebound follows a 1% drop in benchmarks on Tuesday and a 5% decline over the previous five weeks. High oil prices and caution ahead of an expected United States Federal Reserve rate hike capped further gains.











