Sensex, Flat ahead of Fed Result, Nifty hits 9100, Stock Investment Advisory

Indian share markets have opened the trading day, Wednesday, on flat note ahead of outcome of the Federal Reserve policy meeting which concludes later in the day. At 10:15 am, the BSE Sensex was trading at 29,498, up 55.80 points, while the broader Nifty50 was ruling at 9,103,95, up 16.95 points. The BSE Mid Cap index opened flat while BSE Small Cap index both have opened the day up by 0.2%.

Asian stocks edged lower as investors took profits before a US central bank policy meeting that could hint how much monetary tightening to expect during the remaining of the year, with an immediate rate increase fully priced in by markets.

IT stocks TCS and Infosys were the top losers on both the indices, while Adani Ports, Reliance, Idea Cellular and Bank of Baroda were the top gainers on both the indices.