Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Wednesday shrugging off mixed moves across global markets, as growing signs of a recession in the US kept buyers cautious. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 62.5 points or 0.4 percent to 16,122.5 ahead of the opening bell.

Investors awaited more of corporate earnings from India Inc for domestic cues, a day after HCL Tech reported its results.

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