Pre-Market Update at 7:30 AM: On Tuesday, September 16, the Indian equity market benchmarks, the Sensex and Nifty 50, are expected to open lower with caution. India is set to resume trade discussions with the US, with Washington’s chief negotiator Brendan Lynch scheduled to meet Rajesh Agrawal, special secretary in the commerce department, to advance bilateral trade negotiations.

As of 7:12 AM, the GIFT Nifty was trading near 25,161, down 19 points, reflecting a muted start. The Federal Open Market Committee (FOMC) is widely expected to cut interest rates by 25 basis points during its meeting on September 16–17. Asian markets traded mixed, while US markets closed higher on Monday.

On Monday, September 15, Foreign Institutional Investors (FIIs) were net sellers, offloading equities wo

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