Indian stock markets are likely to open lower on Thursday following the caution as major indices of Wall Street inched lower in yesterday's session. The early indicator of NSE Nifty, SGX Nifty Futures was also trading 0.45% down at\u00a010,355.5 on Singapore Exchange. In a major announcement on Wednesday, IISL said that the scam-hit PNB will be excluded from the top 100 stocks on National Stock Exchange from April 2018. Earlier yesterday, shares of PNB managed to hold the losses for the first time after five days of massive decline while the stock of Gitanjali Gems continued to\u00a0lose taking the five-day plunge to 56%. These stocks will be in focus today Ambuja Cements, Aurobindo Pharma and Bosch: Shares of\u00a0Ambuja Cements, Aurobindo Pharma and Bosch Ltd will be excluded from the Nifty 50 index, while Bajaj Finserv, Grasim Industries and Titan Company will find a place in the index. The changes were announced by India Index Services and Products Ltd (IISL), an arm of the National Stock Exchange (NSE) as part of its periodic review. Allahabad Bank:\u00a0State-owned Allahabad Bank said it has an exposure of Rs 516.79 crore to crisis-hit Rotomac group and the lender has made required provisioning for the same as per RBI norms. Sun\u00a0Pharmaceutical: Shares of\u00a0Sun Pharmaceutical Industries\u00a0tanked over 8% on Wednesday emerging as the biggest drag on the benchmark Sensex and pharma index. The shares of Sun\u00a0Pharmaceutical\u00a0topped the turnover on both National Stock Exchange and Bombay Stock Exchange.\u00a0The stock of Sun Pharmaceutical\u00a0plunged as much as 8.61% to the day\u2019s low of Rs 511.3 before settling down 6.36% at Rs 523.9 on NSE. The Indian rupee on Wednesday:\u00a0The rupee ended higher by 3 paise at 64.76 against the US dollar. Indian stock markets on Wednesday\u00a0 India\u2019s stock markets closed higher in a rangebound trading session on Wednesday with\u00a0Sensex rising about\u00a0141 points and Nifty settling below 10,400-level for the third consecutive day while the shares of the scam-hit PNB closing flat after a five-day plunge. The S&P\u00a0BSE Sensex\u00a0gained 141.27 or\u00a00.42% to end the day at\u00a033,844.86 and NSE Nifty added\u00a037.05 points or 0.36% to conclude at\u00a010,397.45 on Wednesday. Shares of\u00a0Tata\u00a0Consultancy Services, ITC, SBI, HDFC, ONGC, Yes Bank, Infosys were the lead gainers while the stocks of Sun Pharma, IndusInd Bank, Tata Motors, Tata Steel, Bajaj Auto, NTPC, and HDFC Bank were the major laggards. US stock markets on Wednesday\u00a0 US stocks closed lower on Wednesday in a rocky session after the release of the minutes from the Federal Reserve's January meeting pushed yields on the benchmark 10-year US Treasury note to a four-year high, Reuters said in a report. The Dow Jones Industrial Average fell 166.97 points, or 0.67 percent, to 24,797.78, the S&P 500 lost 14.93 points, or 0.55 percent, to 2,701.33 and the Nasdaq Composite dropped 16.08 points, or 0.22 percent, to 7,218.23.