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Sensex Today: Indian benchmark indices, the BSE Sensex and NSE Nifty50, opened in the red on Thursday, tracking mixed cues from Asian markets. The 30-share BSE Sensex was down 457 points, or 0.54 per cent, at 84,539, while the NSE Nifty50 slipped 145 points, or 0.56 per cent, to 25,908.

Overnight, the US Federal Reserve cut its benchmark funds rate by 25 basis points to 3.75–4 per cent. However, Fed Chair Jerome Powell cautioned that a December rate cut is “far from a foregone conclusion", weighing on Wall Street sentiment.

In the broader market, the Nifty MidCap index traded flat, while the Nifty SmallCap index inched up 0.15 per cent.

Among sectoral indices, metals and pharma were the biggest drags.

Global Cues

Asian markets traded mixed on Thursday after P

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