Equity benchmark indices are looking to start on a muted note. As indicated by the SGX Nifty, which was quoting at 17,170 levels, the Nifty index may open 20-30 points higher. Investors all around the globe are awaiting US Fed's monetary policy outcome later today.
Overnight in the US, indices extended Monday rally with the S&P 500 gaining 1.3 per cent , Dow Jones rising 0.98 per cent, and the Nasdaq adding 1.58 per cent.
Asia-Pacific markets also moved in tandem this morning. Key indices Nikkei 225, Topix, Hang Seng jumped 2 per cent each.
Meanwhile, here are some