Indian equity criteria opened a little lower on Wednesday, tracking weakness in Asian peers after an uptick in US inflation information.
Financiers likewise stayed cautious ahead of crucial corporate revenues and updates on trade talks with the US.At 9:19 am, the BSE Sensex was down 159 points, or 0.19%, at 82,411, while the Nifty50 slipped 54 points, or 0.21%, to 25,142.
Within the Sensex pack, M&M, Tata Motors, Tata Steel, Eternal, and ICICI Bank were amongst the leading laggards, falling up to 1.2%.
On the other hand, Trent, Tech Mahindra, HDFC Bank, Adani Ports, and Infosys opened with modest gains.Sectorally, Nifty Auto slipped 0.7% in early trade, weighed down by losses in Exide Industries, M&M, and Ashok Leyland.
Nifty Metal and Nifty Financial Services also decreased by approximately 0.5%.
Among private stocks, Dixon Technologies (India) rallied almost 4% after the business announced on Tuesday that it has signed a binding term sheet to acquire a 51% stake in Kunshan Q Tech Microelectronics (India).
Live EventsHDB Financial Services shares toppled 3.7% after the company reported a 2% decline in net revenue for the very first quarter of 2026, reaching Rs 568 crore.
This is down from Rs 582 crore in the very same duration last year.Tech Mahindra, L&T Technology Services, and brokerage company Angel One are amongst the crucial business scheduled to report their June-quarter incomes later on in the day.Experts View The market has actually been oscillating in a narrow variety during the last two months.
A breakout above the upper band of the range, well beyond Nifty 25500, needs positive triggers.
Such a trigger may originate from an India-US trade deal with tariffs on India pegged at around 20 percent, said Dr.
VK Vijayakumar, Chief Investment Strategist, Geojit Investments.
A sustained rally in the market requires profits support.
There are no signs of a strong profits assistance and incomes growth exposure.
Two big sectors of the market - IT services and intake, particularly FMCG - are fighting with warm incomes.
There are green shoots of profits healing in FMCG however IT services continue to battle.
This suggests profits growth for FY26 will be around 10 percent just, Vijayakumar added.Global MarketsAsian stock markets were under pressure on Wednesday while the dollar climbed to its firmest versus the yen since early April, after U.S.
inflation suggested tariffs are pushing prices up, moistening expectations for Federal Reserve policy easing.Australias equity standard, South Koreas KOSPI, each lost around 0.6% as of 0127 GMT.
Mainland Chinese blue chips slipped 0.1%.
Japans tech- and exporter-heavy Nikkei was flat after alternating between small gains and losses, supported by both Nvidias fortunes and the weak yen.Taiwans standard added 0.5% and Hong Kongs Hang Seng leapt 0.8%, adding to Tuesdays 1.6% tech-driven rally.
U.S.
S&P 500 futures alleviated 0.2%, after a 0.4% decline for the money index overnight.FII/ DII TrackerOn the institutional front, Foreign Institutional Investors (FIIs) snapped their two-day selling streak, turning net buyers with purchases worth Rs 120 crore on July 15.
Domestic Institutional Investors (DIIs) extended their purchasing streak for the seventh consecutive session, investing Rs 1,555 crore on the same day.Crude OilOil costs rose on Wednesday on expectations of steady demand in the U.S.
and China, the worlds two biggest oil users, amid an improving economic outlook.Brent crude futures increased 29 cents, or 0.42%, to $69 a barrel by 0105 GMT.
U.S.
West Texas Intermediate unrefined futures were up 40 cents, or 0.6%, at $66.92.
Rupee vs DollarThe Indian rupee fell 27 paise to 86.03 versus the United States dollar in early trade.
The dollar index, which tracks the movement of the greenback against a basket of six significant world currencies, declined 0.03% to 98.58 level.(With inputs from firms)