India’s equity benchmarks are expected to open with little change on Wednesday, as global sentiment remains subdued and investors await new domestic catalysts to drive the market higher after recent gains.
As of 08:06 a.m. IST, the Gift Nifty futures indicated a trading level of 25,969 points, suggesting that the Nifty 50 could open close to Tuesday’s closing figure of 25,910.05. The index fell by 0.4% on Tuesday, ending a six-session winning streak in which it had gained approximately 2%. It currently sits 1.4% below the record high achieved in September 2024.
Global market sentiment has been cautious, with U.S. stocks declining overnight amid concerns about valuations. Additionally, Asian markets showed muted reactions following a sharp correction during the previous session. Ponmudi R, CEO of Enrich Money, noted that “with risk assets under pressure globally, sentiment on the domestic front is likely to remain cautious in the near term.”
Investors are particularly focused on the minutes from the Federal Reserve’s latest policy meeting, which will be released later today, along with the delayed September non-farm payrolls report set for Thursday due to the government shutdown. These factors will be critical in assessing whether the Fed will implement a rate cut in December.
The probability of a 25-basis-point rate cut next month has decreased over the past week. Elevated U.S. interest rates diminish the attractiveness of investments in emerging markets like India for foreign investors.
On Tuesday, foreign investors sold Indian shares worth 7.29 billion rupees ($82.34 million), whereas domestic investors continued their buying spree for the nineteenth consecutive session, purchasing stocks amounting to 23.95 billion rupees.
Stocks to Watch:
- Infosys plans to initiate a 180-billion-rupee share buyback on November 20 at a price of 1,800 rupees per share.
- Tata Consultancy Services has secured a five-year contract with NHS Supply Chain to utilize artificial intelligence and cloud infrastructure for transforming healthcare delivery.
- Azad Engineering has signed a deal with Pratt & Whitney Canada to develop and manufacture components for aircraft engines.
($1 = 88.5300 Indian rupees)
(Reporting by Vivek Kumar M; Editing by Eileen Soreng)
Published on November 19, 2025.
