Provisional: Markets end flat as Fed meets
Market participants are waiting for any cues on tapering of third-round of bond-buying programme popularly known as 'quantitative easing'
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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.
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.
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First Published: Jun 19 2013 | 3:31 PM IST