FINAL TRADE: Indices end mildly lower; Nifty above 25,350 levels, Wipro gains 4%

Indian equities ahead of the key Fed meeting scheduled next week ended mildly lower. Nifty ended weak by 0.13 per cent or 23.4 points at 25,356.5, while the 30-share BSE Sensex declined 0.09 per cent or 71.77 at 82,890.94.

On a weekly basis, the frontline indices have recorded their fourth weekly gain out of 5, with Nifty ending the week to September 13 higher by 2 per cent.

Meanwhile, broader markets continued to rally and the Nifty Midcap 100 index after hitting a new high for the second straight day ended 0.66 per cent higher.

Sectorally, oil & gas and FMCG stocks traded in the negative, while all other sectors saw decent buying action, with the most gains in the PSU Bank and Realty stocks. Nifty IT marked a new high as global brokerages iterate their positive view on the sector amid resilience. 

From the Nifty IT pack, all ten constituents  traded in the green, with gains led by Wipro and Mphasis.

Meanwhile, European markets also traded higher, with the German DAX leading with gains of 0.67 per cent as the focus shifts to the US policymakers' decision on monetary policy next week.