Investors could be seen profit-booking today ahead of the US Fed’s rate hike outcome due later tonight.
Back home today, Triveni Turbine will be in focus as reports say its promoter entity Triveni Engineering may sell an 11.85 per cent stake in the company via block deals today. The price range for the deal is expected to be Rs 226.5-Rs 229 a share.
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In the US, the Dow lost 1 per cent, the S&P 500 shed 1.13 per cent and the Nasdaq declined 0.95 per cent overnight.
Mirroring this, most Asian indices pulled back this morning. Nikkei and S&P/ASX 200 fell 1 per cent each. Hang Seng and Kospi shed 0.8 per cent each. Meanwhile, in mainland China, Shenzhen Component and Shanghai Composite rose up to 0.7 per cent.