By CNBCTV18.COMNov 16, 2022 9:02:24 AM IST (Published)
Indian equity benchmarks Sensex and Nifty50 are likely to start Wednesday's session in the red amid mixed moves in other Asian markets, though investors remained optimistic about a moderating pace of interest rate hikes following a better-than-expected inflation reading from the US. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — dropped as much as 109.5 points or 0.6 percent to 18,385 ahead of the opening bell on Dalal Street.
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