India, April 27 -- The Nifty closed up 0.8%, reclaiming the 24,000 level, while the Sensex also rose 0.8%, adding more than 600 points to end at 77,303. Indian markets witnessed a recovery in the session, with benchmark indices ending higher and reclaiming key psychological levels. However, broader sentiment remains cautious amid mixed global signals.

US Fed (FOMC) Decision The biggest global trigger this week is the US Federal Reserve's FOMC outcome on April 29. Markets are closely watching whether the Fed maintains its current stance or signals a more hawkish outlook on inflation and interest rates, with the central bank widely expected to keep interest rates unchanged at 3.50-3.75%.

Additionally, geopolitical concerns such as US-Ira...