$SENSEX, S&P BSE SENSEX INDEX / D Key Indian stock indices turned in negative dynamics on Wednesday, September 26 as investors took a “wait-and-see” stance ahead of the Fed’s interest rate decision to be announced later today. In sectoral terms, the session’s laggards included consumer names, while financial and healthcare stocks were in favor. Recapping the benchmarks, the Nifty 50 slipped 0.12% to 11,053.80, and the BSE Sensex closed 0.30% lower at 36,542.27. By 10:38 GMT, the USD/INR currency pair eased 0.10% to 72.615, while EUR/INR traded down 0.15% to 85.3990. The 10-year Indian government bond yield narrowed to 8.073%. As noted above, consumer names came under pressure, with ITC and Hindustan Unilever shedding 2.7% and 1.2%, respectively. Private lender Yes Bank added 1.8% on news that it is seeking to extend CEO Rana Kapoor’s term. Auto spare parts supplier Minda Industries surged 2.8% after gaining management approvals to build an alloy wheel factory in the state of Maharashtra. Luxury product maker Titan Company Limited picked up 2.2% as equity analysts at Morgan Stanley raised their target price on the name. The daily chart shows that the BSE Sensex has returned within Bollinger bands after having broken through their lower end, while the Slow Stochastic Oscillator and the RSI are hovering near oversold territory. As a result, an upturn could be in the offing.