Sensex and Nifty move sideways as investors await Fed clarity

Benchmark indices traded flat as traders stayed cautious ahead of the Fed decision, with domestic institutional buying offsetting continued foreign selling pressure.

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5 days ago

Sensex and Nifty move sideways as investors await Fed clarity

Sensex and Nifty move sideways as investors await Fed clarity
Trading through most of the session on December 10, Indian equity benchmarks remained largely range-bound as investors stayed cautious ahead of the US Federal Reserve policy outcome. The Sensex traded near 84,804, holding gains of 138 points, while the Nifty hovered above 25,850. Market breadth was mixed as volatility persisted. Foreign institutional investors remained net sellers at Rs 3,760 crore in the previous session, while domestic institutions continued to provide support with purchases of Rs 6,225 crore.