Stocks in Focus: GIFT Nifty traded down marginally 18 points, or 0.09%, at 19,793.50, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously on Tuesday, NSE Nifty 50 gained 0.40% to settle at 19,811.50, while BSE Sensex added 261.16 or 0.39% to 66,428.09. 

“Markets snapped a 3-day losing streak on broad-based buying even as participants remained worried about rising tensions in the Middle East. All eyes will be on Federal Reserve Chair Jerome Powell who is also scheduled to speak on Thursday (October 19) for further insights into the central bank’s next steps and guidance on US interest rate policies. Technically, while the market will waver and trade choppy, the biggest support for Nifty is placed a…