Indian equity benchmarks rebounded on Wednesday after a shaky start to the week, closing 1% higher, as Bajaj Finance and engineering major Larsen & Toubro advanced on better-than-expected earnings, offsetting investor worries ahead of the Federal Reserve’s policy decision.

Dear Trader… Domestic equities gained momentum on back of positive global cues and better than expected 1Q FY23 earnings by few heavyweights. Nifty future open flat but soon strengthened during the day to close near day’s high with modest gains of 169 points (+1.03%) at 16660 levels. Global market was