Nifty Set To Open Below 14,200 On Subdued Global Cues

The Indian equity benchmarks are set to open on a subdued note on Wednesday following weak global cues. Global stocks slipped from record levels on Tuesday, with investors cautious as the Federal Reserve kicked off its two-day policy meeting and U.S. lawmakers continued to debate a new stimulus plan. Meanwhile, Nifty futures on Singapore Exchange or SGX Nifty was indicating that the Nifty opening below 14,200. The SGX Nift was up 0.3...