The Sensex and Nifty recorded only modest gains on Thursday; however, bulls remain optimistic about a decisive rally in the near term.

Momentum indicators continue to reflect a positive trend, with the Nifty trading above both short-term and long-term moving averages.

Nifty and Sensex retreat after reaching all-time highs, and end flat; broader markets underperform.

Markets@11: The IT Nifty index rose by nearly 1.5% before tapering off later in the morning session.

Here’s how the Fed's decision will impact Indian stock market

Momentum indicators remain positive, as the Nifty still trades above both short—and long-term moving averages.

Fed rate cut boosts global markets; while US markets initially rallied, they closed with minor losses.

The market experienced a tug-of-war between declining IT stocks and resilient financial shares; Nifty and Sensex suffered slight losses.

IT companies' stocks suffered significant losses in the early phase of the morning session.

The Fed decision will impact market sentiment tomorrow