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Indian equity benchmark indices BSE Sensex and Nifty50 opened lower on Wednesday, as investors awaited the US Federal Reserve’s policy decision announcement later in the day.
At opening bell, the BSE Sensex was down 75 points, or 0.09 per cent, at 83,004, while the Nifty50 was at 25,393, down 25 points, or 0.1 per cent.
Global Cues
Asia-Pacific region opened mixed on Wednesday, following gains on Wall Street that saw both the S&P 500 and the Dow Jones Industrial Average record new highs.
Australia’s S&P/ASX 200 was down slightly, while Japan’s Nikkei 225 climbed 0.74 per cent and the broad-based Topix was up 0.48 per cent.
Mainland China’s CSI 300 was nearly flat, and the Taiwan Weighted Index was down 0.35 per cent.
South Korea and Hong Kong markets are closed today while markets in mainland China will resume trade after a three-day holiday there.
That apart, the US stock markets ended nearly flat after hitting record highs on Tuesday, while the dollar stood firm as strong economic data allayed fears of a slowdown and investors braced for the Federal Reserve’s expected move to cut interest rates for the first time in more than four years.
