From Nasdaq:

India’s Nifty 50 index may start slowly, despite global markets sliding from waning optimism over early U.S. interest rate cuts, due to the release of Federal Reserve minutes and jobs data. India’s GIFT Nifty GIFc1 was at 21,681, hinting that the NSE Nifty 50 could open near Tuesday’s close of 21,665.80 points.

Asian shares plunged 1% for a second day, Blizzard on Wall Street, due to AppleAAPL.O faltering. MKTS/GLOB

The Federal Reserve minutes and key labour market data will determine if optimism for rate cuts is justified. Indian equities have struggled to reach new highs despite trading close to their all-time peaks and have been impacted by the selling pressure.

Foreign institutional investors bought Indian shares worth 16.02 billion rupees ($192.34 million) on Tuesday, but domestic institutional investors sold rupees worth of stocks worth 19.59 billion rupees.
Stocks to watch. Rail Vikas Nigam RAIV.NS won an order worth 1.23 billion rupees; Avenue Supermarts AVEU.NS reported a 17.19% rise in standalone revenue, and Hindustan Zinc HZNC.NS saw a 7% surge in mined metal production.



Read more: INDIA STOCKS-Indian shares set for a muted start amid global slide