Sensex volatile ahead of Fed decision; Nov WPI at 5-mth low

Sensex volatile ahead of Fed decision; Nov WPI at 5-mth low

Wednesday, December 14, 2016

Indian equities continued to trade in a tight range as investors awaited the decision of two-day
Federal Reserve meeting due tonight. It is the first meeting of the FOMC after US elections.

The 30-share BSE Sensex was down 21.22 points at 26676.60 and the 50-share NSE Nifty declined 12.90 points to 8208.90.

Asian shares flip-flopped with markets cautious ahead of what is expected to be the Federal Reserve's first rate hike in a year, with comments on the outlook key.

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