Indian equity benchmarks are poised for a weaker start on Wednesday, with the Gift Nifty signaling a gap-down opening as investor sentiment remains fragile.
The pre-market indicator, which tracks the Nifty 50 index, is trading at a discount, reflecting caution among traders ahead of the market open.
Escalating tensions in the Middle East are fueling a fresh surge in risk aversion, casting a shadow over emerging market equities.
The geopolitical uncertainty is weighing on broader market sentiment, with investors closely monitoring developments in the region for any signs of further escalation.
Amid the cautious backdrop, market strategists are highlighting selective opportunities.
Vaishali Parekh, a market analyst, has recommended three stocks for potential buying: Hindustan Zinc, Sanathan Textiles, and ONGC.