Sensex, Nifty trade on a muted note ahead of US Fed outcome
“Globally markets are waiting for the Fed commentary tonight. 75 bp rate hike is given and already discounted by the markets. So it will be the Fed’s commentary and probable guidance that would be market moving. The Fed is likely to continue with its hawkish stance but any mildly dovish signal will be positive for markets,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.
