Nifty50 futures on the Singapore Stock Exchange traded 29 points lower at 7,690, indicating a gap-down opening in the domestic market.
A fall in the US market in overnight trade, relentless slide in crude prices and tepid CPI numbers in China have also set the stage for fresh weakness in the domestic equity benchmarks on Wednesday.
Most Asian markets were trading in the red. Japanese Nikkei was down 1.09 per cent at 19,280. China's Shanghai Composite was down 0.16 per cent at 10,339.
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