Sensex also gave up intra-day gains to settle over 400 points lower. Foreign institutional investors were net buyers in the capital market today as they bought shares worth ₹490 crore, according to provisional data.The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.12% to 96.707."Expect the moves across currencies to be subdued ahead of the Fed policy.
Rupee has been trading a 75-76 range for many sessions now. FPIs are currently utilizing 47% of their limit in Government securities and 37% of their limit in corporate bonds," said Abhishek Goenka, founder and CEO of IFA Global.While no major policy announcements are expected when the U.S.