Mumbai, Dec. 10 -- The domestic equity benchmarks slipped for a third straight session, ending with modest losses after a volatile day of trade. Indices swung between gains and declines as investors booked profits ahead of the U.S. Federal Reserve's policy decision. The Nifty closed below the 25,800 mark, dragged by consumer durables, IT and financial services stocks.

Global sentiment remained fragile as rising Japanese bond yields and indications of potential BOJ tightening triggered risk-off moves across emerging markets. Focus now shifts to the U.S. Fed meeting, where a 25-bps rate cut is widely expected, though mixed economic signals may curb hopes of aggressive easing in 2026.

Indian market mirrored this caution, weighed down by pe...