Banks, auto, IT stocks push Sensex, Nifty lower; RIL, ITC, L&T lead

L&T Technology Services Update by Epic Research

European markets opened slightly lower, as investors observed heightened geopolitical tensions over the Korean Peninsula and awaited monetary policy guidance from the Federal Reserve.

The pan-European Stoxx 600 edged down by around 0.21 percent shortly after the opening bell, with almost all sectors and major bourses in negative territory.

The Fed is expected to keep interest rates unchanged after its two-day meeting while many analysts have suggested it could announce plans to begin unwinding its USD 4.5 trillion balance sheet.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300