Markets end marginally lower ahead of Fed rate decision; IT stocks drag

BSE IT fell 1.8% dragged by TCS and Infosys down 2% each, making them the top losers on Sensex

Benchmark indices settled the day marginally lower as investors awaited Federal Reserve rate decision. The Nifty50 index had logged its fresh all-time intra-day high of 9,123 in the previous session.
 
The S&P BSE Sensex settled the day at 29,398, down 44 points, while the broader Nifty50 ended at 9,084, down 2 points.
 
In the broader market, the BSE Smallcap and BSE Midcap indices outperformed the frontline indices to rise 0.9% and 0.6% respectively. About 1,411 shares advanced against 1,398 declining shares on the BSE.

"After a range bound movement the market had settled with small losses led