Markets in the Asia-Pacific region were lower in early trade on Wednesday after a sluggish overnight session on Wall Street while market participants awaited earnings from Nvidia Corporation.
At 06:25 am, the Nikkei 225 was down 0.35% at 38,154.53, while the Kospi was down 0.25% at 2,683.57.
The S&P ASX 200 was down 0.38% at 8,040.10 as of 06:26am, ahead of Australia's July inflation data.
Market participants are awaiting Nvidia Corporation earnings, scheduled to be released on Wednesday, to gauge whether enthusiasm for artificial intelligence is still likely to fuel the rally.
On Tuesday, the S&P 500 and Nasdaq Composite both closed up 0.16%. The Dow Jones Industrial Average closed up 0.02%.
Brent crude for October was trading 0.49% higher at $79.94 per barrel at 06:32 am on the Intercontinental Exchange.
At 06:32 am, the GIFT Nifty was trading 0.03% or 7 points lower at 25,003.0.
Indian benchmark stock indices ended in a dull session with little change on Tuesday as gains in Infosys Ltd. and Larsen & Toubro Ltd. supported the index, while losses in Reliance Industries Ltd. and Hindustan Unilever Ltd. pressured the index.
The NSE Nifty 50 rose 7.15 points or 0.03% to close at 25,017.75 and the S&P BSE Sensex rose 13.65 points or 0.02% to close at 81,711.76.
Foreign investors remained net buyers in Indian equities for the fourth consecutive session on Tuesday. According to provisional data from the National Stock Exchange, foreign portfolio investors bought shares worth Rs 1,503.8 crore, while domestic investors turned net sellers after remaining buyers for 16 sessions and sold shares worth Rs 604.1 crore.
The Indian currency weakened by 2 paise against the US dollar to close at 83.92.