India, March 19 -- Indian shares edged up slightly on Wednesday despite mixed cues from global markets amid optimism surrounding a potential Russia-Ukraine truce and ahead of the Federal Reserve policy decision.
Metal stocks surged after the government recommended a temporary tax on certain steel imports.
However, the gains were offset by a decline in IT stocks due to valuation concerns and fears of a potential U.S. recession.
The benchmark S&P/BSE Sensex moved in a narrow range before ending the session up 147.79 points, or 0.20 percent, at 75,449.05.
The broader NSE Nifty index edged up by 73.30 points, or 0.32 percent, to 22,907.60 while the BSE mid-cap and small-cap indexes surged over 2 percent each.
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