New Delhi, Oct. 30 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower on Thursday, following losses in global markets after US Federal Reserve policy. Investors also watch out for the meeting between US President Donald Trump and Chinese President Xi Jinping later today.

Asian markets traded lower, while the US stock market ended mixed overnight, with the Nasdaq registering another record closing high, after the US Federal Reserve cut interest rate by 25 bps.

However, the market odds of the Fed delivering another quarter-point cut in December have eased to around 68%.

On Wednesday, the Indian stock market ended higher, with the benchmark Nifty 50 closing above 26,000 level.

The Sensex rallied...