Indian equities may open with mild losses on Wednesday after the GIFT Nifty fell by 0.25 percent at 7:50 am, indicating a weak start for Sensex and Nifty.
The rally in Asian technology stocks is being countered by a surge in crude oil prices amid escalating US-Iran hostilities.
Brent crude futures climbed to $99.49 a barrel, putting the benchmark within striking distance of $100.
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