register now for free unlimited access to reuterscom register a man looks at a screen displaying budget news on a facade of the bombay stock exchange bse building in mumbai india february 1 2022 reutersfrancis mascarenhas bengaluru sept 21 reuters  indian shares are expected to open slightly lower on wednesday after two straight sessions of gains as investors brace for a hefty rate hike from the us federal reserve and clues on further hikes indias nse stock futures listed on the singapore exchange were down 04 as of 0229 gmt while mscis broadest index of asiapacific shares outside japan miapj0000pus was down 1 the nse nifty 50 index nsei rose 11 to 1781625 on tuesday while the sp bse sensex bsesn ended up 098 at 5971974 the fed is set to announce its decision at the end of a twoday policy meeting later in the day rate futures traders are pricing in an 81 chance of a 75basispoint hike and a 19 probability of a jumbo 100 bps increase fedwatch  the reserve bank of india on tuesday said it took central bank of india cbins a stateowned commercial bank off its prompt corrective action list after it was found that the bank was not in breach of certain regulations  yes bank yesbns on tuesday said it approved investment of up to 1999 stake in jc flowers arc by bank  indian automaker mahindra and mahindra mahmns proposes to buy a 1741 stake of swaraj engines swarns from kirloskar industries kirlns  nbcc india nbccns on tuesday said it secured total business of 275 billion rupees in august  bike maker hero motocorp hromns said on tuesday it would partner with staterun hindustan petroleum corp hpclns to set up electric vehicle ev charging infrastructure across the country read more  indian budget carrier spicejet spjtns has decided to put around 80 pilots on leave without pay for a period of three months in a move to cut costs mint newspaper reported reporting by nallur sethuraman in bengaluru editing by savio dsouza