India, May 6 -- Indian shares look set to open lower on Wednesday after the Indian Armed Forces launched precision missile strikes under 'Operation Sindoor', targeting nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK) in a strong response to the brutal Pahalgam terror attack.

Pakistan Prime Minister Shehbaz Sharif accused India of launching "a cowardly attack" and said the heinous act of aggression will not go unpunished.

Rising trade uncertainty and caution ahead of the Federal Reserve's policy decision later in the day also keep investors on edge.

Media reports suggest that U.S. Senators Rick Scott and Elizabeth Warren are pushing for an independent watchdog at the Federal Reserve to "aggressively hold" senior Fed of...