GIFT Nifty slips 60 points; here’s the market playbook for today

Overview Indian stock markets prolonged their downward trajectory on Wednesday, weighed down by ongoing foreign capital withdrawals and the Indian rupee hitting an all-time low. Market specialists foresee a sideways trend in the near future, guided by currency movements, RBI policy direction, and developments in trade discussions. Investor activity showed a contrast as Foreign Portfolio Investors continued to offload holdings, while Domestic Institutional Investors stepped in as net buyers. Indian equities continued to face pressure on Wednesday, with relentless overseas fund outflows and the rupee breaching the ₹90 level for the first time, eroding investor confidence. Going ahead, experts believe indices will likely remain range-bound, reacting to forex fluctuations, monetary policy signals from the central bank, and progress on international trade talks.