Indian stock market opened in the red on Wednesday with Sensex and Nifty recording only marginal losses, as investors assessed the impact of US’ strikes on Iran on peace deal hopes, although broader markets continued to outperform benchmarks.
Sensex declined around 70 points to open near 75,940, while Nifty 50 fell over 33 points or 0.14% to begin the session at 23,880 on Wednesday. This came even as India VIX, which measures volatility in market, dropped more than 3% to 16.13 in the early morning trading hours.
