Gift Nifty indicated a muted start for the Indian stock market indices. Asian markets dipped, while the US stock market ended lower overnight as investors reacted to the US Fed’s interest rate decision and quarterly earnings from Microsoft,

Highlights: Among the broader markets, the Nifty Smallcap 100 index gained 0.12 per cent, while the Nifty Midcap 100 index edged lower by a marginal 0.01 per cent

Indian benchmark indices opened flat on Thursday, tracking the subdued movement of Asian markets, as the US Federal Reserve kept interest rates unchanged and offered little insight into future rate cuts.