New Delhi, May 8 -- Indian markets are expected to remain weak on Wednesday as global peers continue to be under pressure. Asian equities tracked Wall Street's slide today as the latest developments in the US-China trade conflict fanned fresh fears about global growth, driving support for safe-haven government bonds.
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3%, falling to its lowest level since late March. Australian stocks declined 0.35%, South Korea's Kopsi fell 1% and Japan's Nikkei was down 1.5%.
Wall Street stocks slid on Tuesday, with the S&P 500 losing 1.65% and the Dow shedding 1.8% on the US-China trade concerns.
Global stocks had a rocky start to the week after Washington on Monday accused Beijing of ba...