Sensex and Nifty ended mixed today. Gains in select banking stocks were offset by losses in metal and IT stocks. Sentiment across the globe was muted as investors await the US Federal Reserve’s policy decision later in the global day for cues on the future pace of US monetary tightening. The Fed is seen set to hold interest rates steady but will likely encourage expectations that it will lift borrowing costs in June on the back of rising inflation and low unemployment.
The Sensex ended 16 points higher at 35,176 while Nifty edged 21 points lower to 10,718.
