Mumbai, Jan. 30 -- The key equity indices traded sideways in the mid-afternoon trade. The Nifty traded above the 23,150 level. Investors assessed the U.S. Federal Reserve's decision to keep interest rates unchanged at 4.25-4.5%. Market participants are closely awaiting the Union Budget 2025, with expectations for growth-supportive initiatives that strike a balance with fiscal discipline. Trading was volatile due to the monthly Nifty 50 F&O series expiry today.

Consumer durables stocks declined after advancing in the previous trading sessions.

At 14:30 IST, the barometer index, the S&P BSE Sensex, fell 43.52 points or 0.06% to 76,489.44. The Nifty 50 index added 5.60 points or 0.02% to 23,168.70.

In the broader market, the S&P BSE Mid-C...