Provisional: Markets end flat as Fed meets

Markets ended on a flat note this Wednesday as investors preferred to remain on the side-lines amid growing anxiety over the outcome of US Federal Open Market Committee meeting later today.

Market participants are waiting for any cues on tapering of third-round of bond-buying programme popularly known as ‘quantitative easing’ after Fed Chairman Ben S. Bernanke said asset purchases could be scaled back should the U.S. employment outlook show “sustainable improvement.”

On a provisional basis, the 30-share Sensex ended up 12.75  points at 19,236.03 and the 50-share Nifty gained 7.25 point at 5,820.85 levels.