Sensex 124.19 points at 28612.19, and the Nifty is down 33.45 points at 8689.85. About 883 shares have advanced, 742 shares declined, and 139 shares are unchanged.
Hindalco, Tata Motors, M&M, HUL and HDFC lost around 1 percent each.
Gold edged up on
Wednesday in the wake of hitting an over four-month low in the past
session, while merchants stayed mindful in front of the decision of a
Federal Reserve meeting that may feed desires for a mid-year climb in
US investment rates. Numerous expect the Fed authorities, who began a
two-day approach meeting on Tuesday, to drop the saying "patient"
from their forward direction on investment rates, possibly making
ready for a rate climb around June, the first since 2006.