India's benchmark indices Sensex and Nifty traded on muted a note on Thursday, as losses in Tata Motors and IT stocks counterbalanced gains in other sectors. The auto index fell 1.2%, with Tata Motors down nearly 8.

LIVE: As investors processed the U.S. Federal Reserve's decision to maintain interest rates at 4.25–4.5 per cent, the Sensex opened marginally higher at 76,598.84 compared to its previous close of 76,

The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 23,150 level, a premium of nearly 2 points from the Nifty futures’ previous close.