Indian benchmarks end muted amid cautious oil and Fed focus

Indian equity benchmarks ended little changed as elevated oil prices kept investor sentiment cautious. Markets are awaiting the Federal Reserve policy decision while mid-caps and small-caps posted gains driven by strong corporate earnings.

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A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS/Francis Mascarenhas

India's equity benchmarks ended little changed on Tuesday morning as elevated oil prices kept investor sentiment cautious ahead of the Federal Reserve's policy decision. The Nifty 50 fell 0.02% to 22,749.75, while the Sensex shed 0.01% to 73,598.67.

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