Sensex, Nifty consolidate ahead of Fed meet outcome

Epic Update Infosys
Epic Update Infosys

After starting the day on a tepid note, the market witnessed consolidation as investors awaited the outcome of US Federal Reserve’s policy meeting. Indices held on to key levels, but turned red after posting a mega rally on Tuesday.

The 30-share Sensex was down 34.43 points at 29408.20, while the Nifty was down 4.05 points at 9082.95.

The market breadth was narrow after 1,314 shares advanced, 1,127 shares declined, while 161 shares remained unchanged.

Infosys and TCS were top losers on the indices, while BHEL, Reliance, Idea Cellular and Bank of Baroda were among the top gainers.

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