Indian markets closed 0.8 percent lower on Wednesday and uncertainty is causing decline in investor sentiment.

Indian markets were trading nearly 0.4 percent lower on Wednesday with NSE Nifty at 19733. Among major gainers in today’s session were pharmaceutical stocks.

Indian markets are expected to open lower on Friday and this could end up as the worst week for NSE Nifty in a long time.

Indian markets are expected to remain under pressure today but there is also a chance of support from lower levels. Traders should be cautious as NSE Nifty could see further downside.

JK Tyre share price closed 6.4 percent higher on Wednesday as the company was rated positively by DAM Capital.

Market expert Varun Dubey has suggested three BUY Calls and one SELL Call for today’s trading session. Indian equities are expected to open lower today as global cues have turned negative.