NSE Nifty futures traded on the Singapore Exchange are down 0.1 percent, while the MSCI-Asia Pacific excluding Japan index is up 0.14 per cent.
Asian markets took some comfort from a late spurt by Wall Street on Wednesday, while rising tensions in Ukraine kept safe-haven sovereign debt well bid.
US stocks ended a volatile session higher on Tuesday, lifted by gains in such blue-chip names as Coca-Cola and Johnson & Johnson, though persistent weakness in momentum names limited the Nasdaq's advance.
KEY EVENTS/FACTORS TO WATCH
Tata Consultancy Services earnings
INDIAN STOCKS TO WATCH
Food prices drive up India inflation, limiting cbank's room to act
Indian voters lured by cash handouts, drugs, bootleg liquor
Hitachi likely to pick up Founder's stake in Crompton Greaves
Aurobindo Pharma dragged to US court by the Medicine Co (Read story)
Videocon Industries Ltd set to acquire Datsons Labs for 3.5 billion rupees
DCB Bank Ltd Jan-March profit up 14.6 pct
Indian Oil Corp to cut gasoline prices by 1.2 pct from Wednesday
IL&FS Transportation Networks says board approved rights issue