The Indian benchmark indices opened almost flat with marginal gains on Wednesday at 9:15 AM as the Sensex opened at 84,717 or 51 points higher and the Nifty opened trade at 25,842 or almost 4 points higher.
In the pre-open session at 9:03 AM, the Sensex traded above 84,418 or 247 points lower and the Nifty tested 25,900 falling more than 35 points.
The Gift Nifty was also trading at 25,905.50 or 7 points lower at 8:46 AM.
What Do Experts Say?
Domestic equities opened lower, extending profit booking amid caution ahead of tomorrow’s US Fed policy decision, rupee weakness, persistent FII outflows, and ongoing uncertainty over the US–India trade deal. IT stocks led the decline, while PSU banks, realty, and consumer durables gained, with small caps outperforming other indices, Vinod Nair, Head of Research, Geojit Investments Ltd, said.
