Indian stock market: The Indian stock market indices had a quiet start, according to Gift Nifty. As investors responded to the US Fed's interest rate decision and Microsoft, Tesla, and Meta's quarterly earnings, Asian markets saw a decline, while the US stock market ended the day lower.
Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open on a muted note Thursday, following weakness in global markets after the US Federal Reserve monetary policy.
Asian markets dipped, while the US stock market ended lower overnight as investors reacted to the US Fed's interest rate decision and quarterly earnings from Microsoft, Tesla and Meta.
The US Federal Reserve kept the benchmark interest rates unchanged in line with Wall Street estimates.
On Wednesday, the Indian stock market closed higher for the second consecutive trading session, driven by strong buying in IT and banking stocks.
The Sensex rallied 631.55 points, or 0.83%, to close at 76,532.96, while the Nifty 50 settled 205.85 points, or 0.9%, higher at 23,163.10.