Indian Stock Market Likely to Open Lower After Four-Day Rally

Indian stock markets are expected to open on a negative note on Wednesday, snapping a four-day winning streak as GIFT Nifty signaled a weak opening.

Benchmark indices Sensex and Nifty extended gains on Tuesday, with the BSE Sensex surging 1,225.07 points to settle at 76,917.85.

Analysts noted that while softer crude oil prices and foreign inflows provide support, the market faces consolidation after the recent sharp rebound.