The Indian benchmark indices opened almost flat on Thursday over the US Federal Reserve policy decision and weak Asian cues, as selling was seen in the IT, PSU bank, FMCG and pharma sectors in the early trade.
At around 9.34 am, Sensex was trading 1.66 points or 0.00 per cent marginally up at 81,446.32 while the Nifty added 9.90 point or 0.04 per cent at 24,821.95
Nifty Bank was up 43.15 points or 0.08 per cent at 555,871.90 The Nifty Midcap 100 index was trading at 58,068.85 after dropping 40.35 points or 0.07 per cent. Nifty Smallcap 100 index was at 18,404.05 after adding 25.60 points or 0.14 per cent.
According to analysts, as expected, the US Federal Reserve kept interest rates unchanged. However, in their statement, policymakers maintained expectations for two rate cuts this year, while a growing minority now anticipates no cuts at all.