INDIA STOCKS-Indian stocks muted ahead of Fed rate decision
Dec 10 (Reuters) - India's equity benchmarks were off to a muted start on Wednesday, mirroring Asian peers, as investors await the U.S. Federal Reserve's rate decision later in the day.
The Nifty 50 .NSEI rose 0.09% to 25,864.05 and the BSE Sensex .BSESN lost 0.07% to 84,607.49, respectively, as of 9:15 a.m. IST.
MSCI's broadest index for Asia Pacific stocks outside Japan .MIAPJ0000PUS traded flat on the day, while the dollar and Treasury yields rose on Tuesday. MKTS/GLOB
The Fed is widely expected to cut rates at its ongoing meeting, but investors expect policymakers to remain divided.
Fourteen of the 16 major sectors advanced at the open, though the gains were marginal. The broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 were up 0.1% each.
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