Indian shares are likely to open little changed on Wednesday, as geopolitical ‍tensions and tariff worries temper optimism around earnings ​growth, while keeping benchmark indexes close to record ‌highs.
The Gift Nifty futures were ​trading at 26,209 points as of 7:51 a.m. IST, indicating that the Nifty 50 would open near Tuesday’s close of 26,178.70.
The 50-stock index is 0.7 per cent below its record high, while the BSE Sensex is 1.3 per cent off ​its lifetime peak.
The benchmarks have fallen ⁠for two consecutive sessions in a pullback from near record levels, partly driven by fresh tariff threats from US ​President Donald Trump ⁠over India’s Russian oil purchases.