The domestic stock market inched higher today, clawing back some losses after a volatile session. The Nifty settled above the 21,800 level after hitting the days low of 21,710.20 in mid-morning trade. Investor jitters surrounding the upcoming Fed meeting outcome kept things on edge, but positive Asian cues and strong domestic inflows provided some support. Auto and energy stocks led the gains, while metals and private banks dragged. The Fed's decision later today is expected to be a wait-and-see approach, possibly delaying any rate cuts until later in the year. All eyes are on the central bank's stance as it navigates a resilient US economy and lingering inflation concerns.