New Delhi, Oct. 7 -- Stock market prediction for Wednesday, 7 October, 2026: The Indian stock market is likely to open in red as GIFT Nifty signalled negative opening on Wednesday, 7 October.

Meanwhile, Asian markets snapped gaining streak by opening lower on Wednesday, while US stock futures posted record highs on Tuesday.

"Indian equities are likely to extend their recovery, supported by improving global sentiment and a positive close across U.S. markets overnight. Asian markets are also trading largely steady, with the Nikkei 225 and KOSPI posting marginal gains, providing a relatively supportive external backdrop for domestic equities. The recovery, however, is likely to remain sensitive to shifts in the global macroeconomic and geo...