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Indian benchmark indices close flat on Wednesday

Indian benchmark indices close flat on Wednesday

| | 21 Sep 2016, 04:24 pm
Mumbai, Sep 21 (IBNS): The Indian benchmark indices closed flat on Wednesday, with Sensex down 15.78 points at 28507.42 and Nifty up 1.25 points at 8777.15.

According to media reports, while the US central bank is not expected to raise rates at their policy meeting on Wednesday but all eyes will be on hints when the next hike is likely to occur.

Global market sentiment got a boost after the Bank of Japan (BOJ) overhauled its policy framework and reiterated its commitment to more policy easing in the coming weeks, media reported.

Some of the key Indian stocks that gained on Wednesday were Tata Steel, HUL, Axis Bank, Bharti Airtel and Infosys while ITC, SBI, ICICI Bank, BHEL and GAIL were among the stocks that declined.

 

Image: Wikimedia Commons

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