Stocks to watch today: The Indian equity markets are likely to witness weakness for third day in a row ahead of the US Federal Reserve’s interest rate decision. At 7:20 AM, the SGX Nifty Futures quoted 16,480 levels, down 3-odd points on the Nifty50.
Globally, the US markets were jittery on Tuesday on mixed earnings and rate hike fears. Dow Jones slipped 0.7 per cent, while the S&P 500 fell 1.1 per cent, and NASDAQ Composite dropped 1.8 per cent.
Major markets in Asia-Pacific imitated the negative global sentiments and edged lower on Wednesday morning. Japan’s Nikkei 225 declined 0.1