Indian equity indices opened Wednesday’s trading session on a lower note. The NSE Nifty 50 opened 36 points or 0.14% lower at 25,133. The BSE Sensex opened 146 points or 0.18% lower at 81,955.

The Bank Nifty opened 48 points or 0.09% lower at 55,462. However, the small and midcap stocks opened the day higher. The Nifty Midcap rose 38 points or 0.07% to open at 58,535.

“Now, a concern in the market globally is the high asset prices. Prices of assets, be it stocks, gold, silver, or bitcoins, are high. This concern was articulated by the Fed chief Jerome Powell yesterday in his speech in Rhode Island. Powell reiterated the risks to inflation and employment, too, signalling that the Fed policy, going forward, will be challenging. In India, even though the Nifty is around 4% down from

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