The Indian stock market benchmark indices, Senex and Nifty 50, are likely to open lower on Wednesday tracking weak global market cues.The trends on Gift Nifty also indicate a negative start for the Indian benchmark index.

Indian benchmark equity indices opened lower on Wednesday after a rise in October retail inflation reduced expectations of a rate cut by the Reserve Bank of India (RBI) next month. This, coupled with weak earnings and ongoing foreign outflows,

Stock Market Highlights: 44 out of the Nifty50 constituent stocks ended in the red, dragged down by Hero MotoCorp, Hindalco, Tata Steel, Mahindra & Mahindra, and Eicher Motors

The S P BSE Sensex ended 984.23 points lower at 77,690.95 at the closing bell, while the NSE Nifty50 fell 324.40 points to settle at 23,559.05.

The equity markets continued to show weakness on Wednesday as the benchmark indices closing in red, with Sensex declining 984 point to settle at 77,690 while Nifty at 23,559. However, Swiggy at its debut settled at 456,

The BSE Sensex was trading at 78,295.70, down 379.48 points, or 0.48 per cent. Smallcap and midcap indices fell 1.77 per cent and 1.41 per cent, respectively.

At the opening bell, the BSE Sensex was down 167 points, or 0.21 per cent, at 78,507.87, while the Nifty 50 was at 23,820, down 62 points, or 0.26 per cent. Among the 30 constituent stocks in the BSE Sensex,