Indian Markets Poised for Cautious Open Amid Mixed Global Cues and Rising Commodity Prices

Indian equity markets, Sensex and Nifty, are expected to open lower on Wednesday amid mixed global cues and trade concerns. GIFT Nifty futures indicated a cautious start. US markets closed mixed, with the S&P 500 and Nasdaq easing slightly while the Dow dropped. Asian markets presented a varied picture, with gains in China and Hong Kong, a dip in South Korea, and a rise in Japan. Geopolitical tensions contributed to a more than 2% increase in oil prices and a rise in gold prices.