Indian markets open flat; investors remain cautious in anticipation of Fed rate cut this week

Mumbai (Maharashtra) [India], September 16 (ANI): Indian stock markets opened marginally up on Monday as investors remained cautious ahead of the Fed rate cut event this week.

The Nifty 50 index opened at 25,406.65 points, gaining 50.15 points or 0.2 per cent, while the BSE Sensex surged 94.39 points at opening to 82,985.33 or 0.11 per cent.

Experts pointed out that the Fed rate cut announcement is the major event this We