business π Asian market signals hint at cautious Indian stock start
Indian equity markets are expected to start cautiously on Wednesday due to rising US yield bonds and high crude oil prices. Asian markets opened mixed, with the US stock futures falling before the Federal Reserve's policy decision. On Tuesday, Sensex dropped 1.04% to 74,003.82, and Nifty 50 fell 1.19% to 23,118.60. This downturn was influenced by elevated crude prices and rising global bond yields, despite some AI stock support. Investors are watching GIFT Nifty, which signals a negative start, while monitoring Fed moves. π