The benchmarks settled the sessions on a flat note, with Nifty settling over the 9,300 level ahead of Federal Reserve’s policy decision falls tomorrow. The BSE Sensex was up 2.78 pts at 29,921.18, while the NSE Nifty was up 9.75 pts at 9,313.80, on closing. The mid-cap index was trading 0.4% higher, whereas Small-cap index gained 0.3%. The market breadth was negative with 1,358 advancing shares against a decline of 1546 shares. There were 153 shares unchanged.
Maruti Suzuki, HDFC, Hero Moto Corp, ONGC and Bajaj Auto gained the most on BSE Sensex, while Sun Pharma, Lupin, Bharti Airtel and Reliance shed the most on the index.
Federal Reserve is projected to keep interest rates constant at its meeting this week but may hint it is on track for a raise in June. The indices gained about 150 pts in the early trade but subsequently slipped on concerns over corporate outcome despite losses were capped as some auto makers rallied after posting highs in April sales.
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