New Delhi, May 7 -- Indian stock markets are expected to open lower on Wednesday after the Indian defence forces launched anti-terror strikes targeting terror camps in Pakistan and Pakistan-occupied Kashmir (PoK).

The development has raised geopolitical tensions in the region, leading to a cautious mood among investors.

At the time of filing this report, the Gift Nifty index was down by 0.27 per cent, indicating a negative start for the benchmark Nifty 50 index.

Ajay Bagga, a Banking and Market Expert, told ANI, "The geopolitical risk that was hanging over the Indian markets has got crystallised today with the Indian strikes on PoK and Pakistan-based terror camps. Indian markets will open with a negative gap as we saw when the Uri and ...