BENGALURU, June 12 (Reuters) - Indian shares are set to

open little changed on Wednesday, tracking Asian peers, as

investors await key inflation readings and the U.S. Federal

Reserve's policy decision.

The GIFT Nifty traded at 23,307.50 as of 07:22 a.m.

IST, indicating that the Nifty will open near its close of

23,264.85 on Tuesday.

Indian shares have, so far, remained muted this week as

markets took a breather after the sharp election results-related

rally last week.

Asian markets were also subdued, with the MSCI Asia ex-Japan

index trading 0.06% lower.

Wall Street equities settled at record highs overnight,

ahead of the Fed's policy decision and consumer price inflation

data due later in the day.

Analysts expect the Nifty to remain muted as key triggers

such as election results and corporate earnings are over.

Foreign investors turned sellers on a net basis on Tuesday,

offloading shares worth 1.11 billion rupees ($13.3 million),

while domestic investors were net buyers, purchasing stocks

worth 31.93 billion rupees, exchange data showed.

Stocks to watch:

- Larsen and Toubro: The company said private

capex could pick up incrementally in the financial year 2025

after the general elections.

- IRB Infrastructure Developers: Ferrovial sells a

5% stake in the company.

($1 = 83.5660 Indian rupees)