Investors will keep a close eye on macroeconomic data such as monthly GST collection, manufacturing and services PMI, while quarterly results by big players will also be watched.
The Sensex and Nifty are set to open on a subdued note on Wednesday, tracking muted trends on the SGX Nifty futures as caution prevailed in the market ahead of Fed’s policy announcement.
The BSE Sensex and the NSE Nifty are poised to start the week on a bearish note, tracking a sharp sell-off in Asian equities and negative trends on the SGX Nifty.
The firm trading at SGX Nifty indicates a positive start for Sensex and Nifty on Wednesday. The Singapore Nifty futures were up 0.5% at 17,071 at 8:00 AM.