NSE Nifty futures traded on the Singapore Exchange is up 0.32 percent, while the MSCI-Asia Pacific index excluding Japan is down 0.17 per cent.
Asian share markets opened on a tentative footing on Wednesday, with investors cautious amid the backdrop of East-West geopolitical tensions involving Ukraine and ahead of a closely-watched Federal Reserve policy review later in the session.
US stocks climbed for a second straight session on Tuesday, with the S&P 500 within striking distance of its record after comments from Russian President Vladimir Putin soothed anxiety that tensions over Ukraine could escalate.
INDIAN STOCKS TO WATCH
Power giant NTPC Ltd on big acquisition drive
Tata Consultancy Services warns of weak Q4, but says 2014-15 will be good
France's Vicat in talks to buy out Sagar Cements' 47 pct stake for 41 bn rupees
Banks told to remit TDS by month-end
Ashok Leyland Ltd says sold 5 mn shares held in IndusInd Bank
Infosys says signs five-year deal with Lansforsakringar AB
Power Finance Corporation Ltd announces transfer of unit to Sterlite Grid Ltd