Nifty is down by 80 points to 22,837, with Nifty drifting lower for the past three days. This Wednesday morning, two positive catalysts are notable: the Nasdaq Composite hit a record high due to gains in tech stocks like Nvidia and Apple, and both FIIs and DIIs were net buyers in the last session. However, caution is advised as India VIX is at a two-year high of 24.20, ahead of significant events such as exit polls and GDP data.

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