Sensex, Nifty cautious ahead of US Fed meet

News, Business

Mumbai: The BSE Sensex opened 112 points lower and turned rangebound today amid losses in metal, healthcare, realty, consumer durables and banking counters, ahead of the US Fed's key policy meet that begins later in the day.

A weak trend in other Asian markets, following overnight losses Wall Street, dampened market sentiment here, brokers said.