New Delhi, Aug. 12 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open flat on Wednesday, 12 August.

Asian markets opened mixed on Wednesday, meanwhile, US stock futures fell for second session straight.

On Tuesday, the Indian stock market closed sharply lower on Tuesday, August 11, as investors booked profits amid a rise in oil prices and continued uncertainty surrounding the reopening of the Strait of Hormuz and the possibility of a US-Iran agreement.

The Sensex declined 388 points, or 0.49%, to settle at 78,154.25, while the Nifty 50 dropped 112 points, or 0.46%, to close at 24,471.70.

"Markets traded under pressure on Tuesday, extending their cautious tone amid renewed geopolitical concerns and ...