Indian Equities Show Mixed Trends Amid Fed Meeting Anticipation

Domestic benchmark indices exhibited volatility as investor sentiment remained subdued ahead of the US Federal Reserve's policy decision. The Sensex edged down 20.40 points (0.02%) to 81,884.30, while the Nifty 50 slipped 14.70 points (0.06%) to 25,099.30, hovering NEAR its daily low.

Realty stocks emerged as clear outperformers, with the sectoral index climbing 1.5%. Prestige, Godrej Properties, Anant Raj, and DLF led the charge. Meanwhile, IT heavyweights Infosys and TCS dragged the technology sector lower, accompanied by declines in healthcare, pharma, and auto stocks.

Market breadth remained positive with 1,716 advancing stocks against 1,226 decliners. Notably, 85 securities hit 52-week highs, including Bajaj Finance and GMDC, while 36 touched new lows. The smallcap index outperformed midcaps, continuing the recent trend of risk appetite in smaller counters.