By Malvika Gurung
Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX was trading 0.10% or 19.25 lower at 18,330.80 at 8:20 am on Wednesday, indicating the Indian benchmark indices to open flat today.
Benchmarks for other Asian markets too, started Wednesday’s session on a negative note, possibly due to the global energy crunch and inflation worries. Asia-Pacific stocks outside Japan slipped 0.8% during early trade hours, while Japan's Nikkei was also last found to decline by 0.55%.
On the contrary, US benchmarks were found to close on a positive note, backed by gains recorded in heavyweight technology companies like Tesla Inc (NASDAQ: TSLA ) and NVIDIA Corporation (NASDAQ: NVDA ), among others.
Index S&P 500 touched record high in Tuesday’s session, up 0.54% but closed at 4,574.79, up 0.18%. Additionally, optimistic results from United Parcel Service Inc (NYSE: UPS ) and General Electric (NYSE: GE ) added a positive tone to the market performance.
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