Equity benchmarks ticked lower in choppy trade on Wednesday, weighed by selling in banking and finance counters, as investors turned cautious ahead of the US Fed’s policy decision.
However, global markets were in better shape after China’s Evergrande group reached a deal to pay some bond interest, calming fears of a default.
The 30-share BSE Sensex slipped 77.94 points or 0.13 per cent to close at 58,927.33. The broader NSE Nifty declined 15.35 points or 0.09 per cent to 17,546.65.
HDFC was the top loser in the Sensex pack, shedding 1.46 per cent, followed by Nestle India, Kotak Bank, ICICI Bank, HDFC Bank, HUL and Axis Bank.
On the other hand, Tech Mahindra, M&M, HCL Tech, Bajaj Auto, RIL and Tata Steel were among the prominent gainers, climbing up to 3.70 per cent.