New Delhi, Oct. 28 -- The Indian stock market is expected to open lower on Wednesday, October 28, as indicated by GIFT Nifty futures. GIFT Nifty was trading around 22,749, down nearly 62.50 points, or 0.27%, from its previous close, signalling a weak start for domestic benchmark indices.

Meanwhile, the IPO market is in focus as Reliance-backed Jio Platforms is set to make its stock market debut today, with investors closely tracking its listing performance on the NSE and BSE.

In the previous session, benchmark indices Sensex and Nifty ended nearly flat after a volatile trading session. Profit booking in IT stocks and heavyweight banking shares, persistent crude oil price pressures and caution ahead of the US Federal Reserve's policy dec...