Wall Street s main indexes opened higher on Wednesday after data showed cooling inflation, although concerns about the economic impact of U.S. President Donald Trump s trade policies tempered optimism.

Macquarie warns that if IndusInd Bank s stock drops below Rs 600, the Hinduja Group may need to pledge up to 80% of its holdings. Analysts highlight risks for other Hinduja-led entities, as the group faces debt repayment challenges and collateral pressures.

India s central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank disclosed lapses in its derivatives accounting, three sources said on Wednesday.

crude oil prices: Crude oil prices are expected to stabilize between ₹5,300-₹6,000 on MCX amid oversupply concerns and weak demand. Investors should adopt strict risk management and buy dips, while swing traders may sell on rises. Geopolitical tensions and economic growth could impact prices.

Aster DM Healthcare on Wednesday said its promoters have reduced their share pledge from 99 per cent to 41 per cent after completing a debt refinancing transaction from top-tier global financial institutions.

Indian markets closed flat with a negative bias as Sensex dipped 72 points and Nifty50 ended below 22,500. Sectoral performance was mixed, with gains in power and banking but declines in IT, realty, and metals.

Motilal Oswal identifies Reliance Industries, Bharti Airtel, and Angel One as top picks across large, mid, and smallcap segments, emphasizing their strong earnings growth and business momentum despite market corrections, offering long-term investment potential.

The rupee traded with a marginal loss at 87.22 against the US dollar amid uncertainties over trade tariffs and selling in domestic equities. A strengthening dollar and recovering crude oil prices added pressure on the local currency. Market participants awaited macroeconomic data from India and the US and were cautious about potential US tariff increases on Canadian steel and aluminium.

Troubled Indian cryptocurrency exchange WazirX has partnered with BitGo Trust Company -- a regulated digital asset custodian and infrastructure provider -- to improve security of funds on its platform and rebuild user trust.

Investor sentiment remained subdued amid ongoing concerns about U.S. tariffs and their potential impact on the global economy.