Indian stock market, July 23 -- The domestic equity market indices, Sensex and Nifty 50, are expected to open higher on Wednesday, following upbeat global market cues.

Asian markets traded higher after the US-Japan trade deal, while the US stock market ended mixed overnight, with the S&P 500 posting record-high close.

On Tuesday, the Indian stock market indices ended the volatile session on a flat note with negative bias.

The Sensex fell 13.53 points, or 0.02%, to close at 82,186.81, while the Nifty 50 settled 29.80 points, or 0.12%, lower at 25,060.90.

"The market continues to lack clear direction amid mixed earnings announcements and muted global cues. Traders should adopt a hedged approach and focus on fundamentally strong counters...