Indian shares are expected to open lower today due to global market weakness and renewed trade tensions with the US. President Trump accused China and India of funding the Ukraine war during his UN address. However, the OECD raised India’s GDP growth forecast to 6.7% for 2025. Sensex and Nifty closed marginally lower yesterday, with the rupee hitting a new low. Foreign investors sold shares worth Rs 3,551 crore, while domestic investors bought Rs 2,671 crore. Asian markets are down, and US stocks fell after Fed Chair Powell’s cautious comments on interest rates. Oil prices rose on lower US inventories and stalled exports from Iraq’s Kurdistan. European stocks closed higher on Fed rate cut expectations.

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