Sensex, Nifty lose their way, end on a negative note

November 02, 2017 17:32

The flagship Sensex today touched an all-time high during the day, but lost nerve soon to close down after muted auto sales numbers as investors digested the outcome of the Federal Reserve meeting. The US central bank left interest rates on hold at the end of its two-day policy meet, but remains on track for a December hike as it cited "solid rate" of growth. The market focus now shifts to the announcement of the next Fed chair.

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