Key stock indices on Wednesday settled near the base line, mainly due to passive foreign investors, as all eyes turned to US Federal Reserve's policy decision. Geo-political issues returned after US President Donald Trump, in his speech to UN General Assembly, threatened to ‘totally destroy’ North Korea if it persists with its ballistic missile and nuclear programme. Asian markets struggled ahead of the Fed meeting outcome slated later in the day, analysts said. Europe too had its share of weakness.
After resuming higher, the Sensex slipped into the red, before settling down 1.86 points, or 0.01 per cent, at 32,400.51. The gauge had lost 21 points yesterday in a cautious trade. The Nifty, after shuttling between 10,171.05 and 10,134.20, ended the day at 10,141.15 -- lower by 6.40 points -- or 0.06 per cent. “Domestic indices traded flat for the second consecutive day ahead of the Fed rate decision scheduled later today. FII's passive trading approach with capital inflow limited to primary market and debt also might have weighed down the momentum...