Sensex, Nifty dip as Fed’s cautious stance tempers sentiment

Indian benchmarks slipped nearly 0.7% on Thursday after the Federal Reserve signalled limited rate cuts for the remainder of the year. The cautious tone weighed on investor confidence, prompting mild profit-taking across sectors. While domestic growth drivers remain strong, global policy uncertainty continues to influence short-term market direction. Analysts expect volatility to persist until further clarity on global rates emerges. Broader market sentiment remains watchful ahead of next week’s key macroeconomic data releases.