The Indian market is expected to trade lower on Wednesday due to weak global cues, with growing caution as reflected by the rise in India VIX. Experts note indecision in the derivatives space, marked by significant open interest around the 23,500 and 24,000 strike levels. Nifty faces resistance near 23,900-24,000 and support at 23,500. Short-term stock recommendations include APL Apollo, ITC, and Coal India.
