IST, the barometer index, the S&P BSE Sensex, advanced 188.78 points or 0.26% to 75,498.47. The Nifty 50 index added 78.25 points or 0.34% to 22,912.55.

The decision comes at a tricky time for the Fed as it has to weigh recent evidence of a slowing economy alongside sticky inflation still running above its 2% target, all the while trying to gauge how ...