CLOSING BELL: Stock Markets End In Red Before US Fed Policy Announcement

Indian stock markets ended lower by over 1% each ahead of US Federal Reserve’s monetary policy rate decision announcement. Notably, this will be Fed Chair Jerome Powell’s first address after Donald Trump emerged victorious in the 47th presidential polls. At close, Sensex was down by 836.34 points, or 1.04%, at 79,541.79, while the Nifty was at 24,199.35, declining by 284.67 points, or 1.16%..