Domestic markets are likely to open on flat note on Wednesday amid cautious mood among investors. Gift Nifty at 25,185 signals marginally negative opening amid weak global cues.

Hariprasad K, SEBI - registered Research Analyst and Founder - Livelong Wealth, said: Gift Nifty is indicating a flat opening. “US benchmark indices retreated overnight from record highs as profit booking set in, further weighed down by Federal Reserve Chair Jerome Powell’s remarks that valuations of risk assets remain stretched. His cautionary tone triggered risk aversion, prompting investors to seek safe-haven assets,” he said.

Amid confused signals from the US, analysts expect the market to remain volatile. Unabated selling by foreign portfolio investors will continue to keep market on tenterhooks, they ad

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