Will Nifty see further free fall or stop profit booking on Wednesday?
Indian equity indices BSE Sensex and NSE Nifty 50 are expected to open positively on Wednesday, with GIFT Nifty indicating a 0.54% increase. On Tuesday, the NSE Nifty 50 dropped 5.93% while the BSE Sensex slumped 5.74%. The US market closed higher due to softer labor market data and the US Dollar Index traded flat. Asian markets were mostly down, with Indian stocks leading the fall.