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The market has once again opened in negative terrian dragged majorly by banks. The Sensex is down 137.67 points or 0.5 percent at 27115.77 and the Nifty slips 47.35 points or 0.6 percent at 8185.55. About 286 shares have advanced, 197 shares declined, and 40 shares are unchanged.

Most of the Asian markets were also trading with a negative bias ahead of the US Fed meet outcome which is due later in the day.Ambuja Cement will report its third quarter numbers later today. Analysts polled by NDTV expect the cement manufacturer to report profit of Rs 182 crore on sales of Rs 2,144 crore.Sun TV will also report numbers today analyst expect the company to report net profit of Rs 208 crore on sales of Rs 568 crore.