Mumbai, May 8 -- GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could slide 8 points at the opening bell.

Global markets:

Asian stocks were mixed on Wednesday following a sluggish US session overnight. Investors are looking for signs of strong corporate earnings before pushing this month's rally further. Optimism over eventual interest rate cuts was dampened by Fed officials signaling steady rates in the near-term.

Domestic Markets:

The benchmarks equity indices ended with major losses on Tuesday, bucking positive global cues. The barometer index, the S&P BSE Sensex slipped 383.69 points or 0.52% to 73,511.85. The Nifty 50 lost 140.20 points or 0.62% to 22,302.50 after reaching an intraday hi...