Indian stock market: 7 key things that changed for market overnight – Gift Nifty, China’s loan prime rates to oil prices

Indian stock market: The domestic equity indices are expected to open on a cautious note Wednesday and may see a bounce back from a sharp slide in the previous session, amid positive global market cues. Asian markets traded higher while the US stock market ended in the green overnight ahead of the US Federal Reserve’s interest rate decision later today. China kept its loan prime rates unchanged and the Bank of Japan announced a landmark shift in monetary policy, raising interest rates for the first time in 17 years and scrapping its yield curve control policy. Robust inflation data in the US has pulled back bets for the first rate cut by the Fed in June to about 59% from…