💨 Abstract
Indian equities opened flat on Wednesday, with gains in metals due to a recommended 12% temporary tax on some steel imports offsetting a drop in IT stocks before the Federal Reserve's policy decision. The NSE Nifty 50 and BSE Sensex saw minimal losses. Tata Steel and JSW Steel led the metal index, while IT companies fell due to macro uncertainties. The broader small- and mid-caps showed a slight increase.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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