Sensex Today | Share Market Live Updates: Sensex, Nifty to remain under pressure; Gift Nifty in red

livemint.com:

₹1,236.51 crore in Indian equities on Monday as the Indian stock market ended on a muted note,. However, the DIIs continued to be net buyers and infused ₹552.55 in the Indian stock market.The Fed began its latest meeting on interest rates Tuesday, with an announcement scheduled for Wednesday. The overwhelming expectation is for the Fed to announce no change to rates.

More focus will be on updated projections Fed officials give for where they see rates heading in upcoming years.U.S. stocks edged lower, and yields climbed on Tuesday as Wall Street waits for the Federal Reserve’s latest decision on interest rates.The S&P 500 slipped 9.58 points, or 0.2%, to 4,443.95. The Dow Jones Industrial Average dropped 106.57, or 0.3%, to 34,517.73, and the Nasdaq composite lost 32.05, or 0.2%, to 13,678.19.Stocks have been see-sawing for weeks on uncertainty about whether the Fed is done with its market-shaking hikes to interest rates.

By pulling its main interest rate to the highest level in more than two decades, the Fed has helped inflation to cool from its peak last year but at the cost of hurting prices for investments and damaging some corners of the economy.The Fed began its latest meeting on interest rates Tuesday, with an announcement scheduled for Wednesday. The overwhelming expectation is for the Fed to announce no change to rates. More focus will be on updated projections Fed officials give for where they see rates heading in upcoming years.Traders are split on whether the Fed may raise rates again this year, but they’re largely expecting the Fed to begin cutting rates next year.