Good Morning Everyone,
The major Indian equity indices started the day on a dull and subdued note. The undertone is cautious before the Fed meet on Friday. The Sensex is currently trading near the level of 17670 i.e., down by nearly 5 point
s and the Nifty is trading near the level of 5340 i.e., down by nearly 10 points. This has led the midcap and the small-cap counters to trade negative by over half a percentage point each. On the sectoral front, the indices are trading mixed. IT index is leading the list of gainers with gains of over half a percentage point while Metal & Consumer Durables indices are leading the list of losers with losses of over one and a half percentage point each. Further, the market breadth is weak as only three stocks are seen advancing for every eight declines.
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