Sensex and Nifty50 likely to open higher today — all eyes on Fed minutes

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Wednesday's session in the green, shrugging off weakness across other Asian markets following a mixed session on Wall Street overnight. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 109.5 points or 0.7 percent to 15,875.5. Investors globally remained on the back foot amid concerns about steep hikes in COVID-era interest rates and their impact on economic growth.