Nifty poised for weak start as RBI decision looms; Asian markets slide

The Nifty50 index signalled a negative opening for Wednesday's trading session, with GIFT Nifty futures pointing to losses at the market open. The anticipated decline comes as investors brace for the Reserve Bank of India's monetary policy committee outcome, a key event that could shape market direction in the coming weeks.

Broad-based weakness across Asian markets is weighing on regional sentiment. Equities in major Asian centres have slipped into negative territory, creating a challenging backdrop for Indian bourses as they prepare to open.

The RBI MPC decision is the focal point for market participants, with expectations centring on the central bank's stance on interest rates and inflation management. The outcome of the meeting is likely to influence trading momentum and investor positioning across the Indian market.

With foreign and domestic investors closely monitoring macroeconomic signals, market volatility may remain elevated through the session. The combination of external headwinds and anticipation around monetary policy has left the market in a cautious mood ahead of the opening bell.