The market is looking listless with the Nifty hanging below 8050, down 10.35 points at 8031.65. The Sensex slips 37.06 points at 26779.50. Speculation that the Fed could raise interests sooner and faster than previously expected have rattled many share markets around the global and supported the US dollar. The Fed's Open Market Committee will begin its regular two-day policy meeting later on Tuesday, and investors will be scanning the outcome for clues on the timing of the first US rate hike in more than eight years. On BSE, midcap and smallcap are trading higher by 0.39% and 0.69% respectively. On Sectoral front, realty is higher by 1.50% to be the top gainer while on the flipside, oil and Gas is the worst trading counter till now.
Further the market breadth stands positive with 1474 shares are seen advancing against 872 declining shares.
Further the market breadth stands positive with 1474 shares are seen advancing against 872 declining shares.
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