Volatile but in the green ahead of Fed’s rate decision! Sensex up 90 points, Nifty manages to hold 21,800; auto and energy stocks shine

The Indian equity indices on Wednesday ended higher after swinging on both sides. The Nifty 50 closed the day’s trading 21.65 points or 0.10% higher at 21,839. At the same time, Sensex ended 90 points higher to finish the session at 72,101.69. The gainers included Eicher Motors, Maruti Suzuki, Nestle India, Power Grid, and SBI. The stocks of Tata Group companies remained key laggards for most of the day. The Indian Volatility Index (India VIX) closed 4.54% lower. 

Nifty Bank pulled down 74 points to close the day’s trading at 46,310.90. The Nifty Midcap 100 fell 6.40 points and settled down 0.01% at 45,919.90. 

On the sectoral front, auto and energy stocks were trading high throughout the trading session. In the broader indices, midcap stocks closed…