Sensex, Nifty Set For Muted Open; LIC, Bajaj Auto, SBI, NTPC, Wipro, Cipla In Focus

Asian stocks struggled for direction on Wednesday after S&P 500 fell for a fifth straight trading session–the longest losing streak in five months.

U.S. treasury yields and the dollar rose ahead of an FOMC decision due tonight. Shares dipped in Japan, Australia and South Korea.

As of 6:45 am, the Singapore-traded SGX Nifty—an early barometer of India’s benchmark Nifty 50—was 0.07% higher at 15,711.50 points.

Elsewhere, Bitcoin traded below $22,000. Oil held under $120 a barrel