Indian shares set for a muted open; volatility in focus

Indian shares are set for a muted open on Wednesday, likely weighed by growing uncertainties around national elections, with heightened volatility expected to keep markets under pressure.The Gift Nifty was trading at 22,395 as of 8:15 a.m. IST, indicating that the Nifty 50 will open near Tuesday's close of 22,302.50.