Sensex, Nifty, Share Prices LIVE: Indian benchmark indices Sensex and Nifty opened lower on Wednesday and are expected to remain stable as investors await the U.S. Federal Reserve’s rate decision. The 30-share BSE Sensex fell 89.05 points to 82,990.60, while the NSE Nifty dropped 23 points to 23,395.55 in early trade. Asian markets were also subdued. The Indian indices had previously remained steady near record highs, with cautious sentiment likely to persist until the Fed’s announcement, due after Indian markets close. The Fed is expected to lower rates, but it remains unclear whether the cut will be 25 or 50 basis points. A significant rate cut could attract foreign investment into emerging markets like India, though concerns exist about the Fed potentially delaying easing, impacting economic growth. The Fed’s decision and future policy guidance will influence Indian equities, particularly in relation to foreign inflows and U.S.-dependent sectors like IT and pharma. Institutional investors bought ₹1,357 crore worth of Indian stocks on Tuesday.
Stock Market Live Updates: Sensex, Nifty open weak as investors await Fed rate decision
