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Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

All that happened in Wednesday's trade

SI Reporter  |  New Delhi 

The benchmark indices settled the day flat on Wednesday as investors remained on the sidelines ahead of the outcome of US Federal Reserve's policy meeting, which will conclude later in the day.  Back home, telecom stocks hogged limelight after the Telecom Regulatory Authority of India (TRAI) cut termination charge for all mobile to mobile calls to 6 paise per minute from 14 paise effective October 1. Bharti Airtel ended flat, while Idea Cellular dipped over 3% at close. Reliance Industries, meanwhile, hit a record high as a cut in mobile interconnect fee is seen benefiting ...

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Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

Anand James, Chief Market Strategist, Geojit Financial Services    Domestic indices traded flat for the second consecutive day ahead of the FOMC rate decision scheduled later today. FII's passive trading approach with capital inflow limited to primary market and debt also might have weighed down the momentum of the indices near the record high levels. Investors could now be eying GST rate revisions and updates on GST implementation in the petroleum products to take the next crucial step.

Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

Sectoral trend at close Source: NSE

Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

Top gainers and losers on Sensex Source: BSE

Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

Market breadth   The market breadth, indicating the overall health of the market, was strong. On the BSE, 1,358 shares declined and 1,215 shares rose. A total of 160 shares were unchanged.

Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

Broader markets   The BSE Smallcap index pared gains to end 0.1% lower, while the BSE Midcap index closed flat. 

Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

Markets end little changed   The Sensex settled at 32,400, down 2 points, while the Nifty closed at 10,141, down 6 points. 

Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

IUC cut to dent margins of Bharti and Idea   The move, analysts believe, will negatively impact margins of the incumbent telecom companies- Bharti Airtel and Idea Cellular. Reliance Jio, on the other hand, will stand to gain. They also believe that the ultimate beneficiary of the move will be the consumer that could end up paying less for voice calls. Since the usage is moving more towards data, with interconnect charges seeing a steep cut and sharp growth in data uptake, incumbents will introduce more (data and voice) bundled plans going ahead. READ FULL STORY  

Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

Jaitley briefs media after Cabinet meeting   JUST IN: Govt to transfer ITDC hotels in Jaipur, Mysore, Itanagar to states

Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

Jaitley briefs media after Cabinet meeting   JUST IN: Cabinet okays transfer of 3 more ITDC hotels to states

Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

European markets European stocks hovered in cautious trade on Wednesday ahead of a policy decision by the US Federal Reserve, with rate-sensitive banking shares edging lower. The pan-European STOXX 600 was flat in percentage terms, helped by buoyant energy stocks and gains among the more defensive health care sector, while euro zone blue chips retreated 0.1%. Britain's FTSE was listtle changed, while France' CAC 40 was trading marginally higher. 

Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

Buzzing stock   SMS Lifesciences is locked in upper circuit for the 24th straight session, up 5% at Rs 475 on BSE, with only buyers seeing on the counter. READ MORE  

First Published: Wed, September 20 2017. 15:35 IST
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Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

All that happened in Wednesday's trade

The benchmark indices settled the day flat on Wednesday as investors remained on the sidelines ahead of the outcome of US Federal Reserve's policy meeting, which will conclude later in the day.  Back home, telecom stocks hogged limelight after the Telecom Regulatory Authority of India (TRAI) cut termination charge for all mobile to mobile calls to 6 paise per minute from 14 paise effective October 1. Bharti Airtel ended flat, while Idea Cellular dipped over 3% at close. Reliance Industries, meanwhile, hit a record high as a cut in mobile interconnect fee is seen benefiting ...

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