Stock market today, Jan. 7 -- The Indian stock market is likely to open flat to slightly lower on Wednesday, January 7, mirroring mixed signals from Asian peers.

Early indications from Gift Nifty pointed to a subdued start, with GIFT Nifty trading at 26,214.5, down 67 points or 0.25% compared with the previous Nifty futures close.

On Tuesday, January 6, the Sensex and Nifty 50 extended their losing streak for a second straight session as profit-booking pressured markets despite supportive global cues.

The Sensex slid over 500 points, or more than 0.60%, to an intraday low of 84,900.10, while the Nifty 50 fell 0.50% to touch 26,124.75. Both indices recovered part of the losses by the end of the session, with the Sensex closing 376 point...