Indian stock market, Feb. 12 -- The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note on Wednesday after a sharp fall in the previous session, and amid mixed global market cues.

Asian markets traded mostly higher, while the US stock market ended mixed overnight after Federal Reserve Chair Jerome Powell's testimony to the US Congress.

On the domestic front, the Indian stock market has seen a sharp correction amid sustained foreign capital outflows, concerns over weak corporate earnings, slowing domestic economic growth, and the rupee plunging to all-time lows against the US dollar.

On Tuesday, the Indian stock market crashed, with both the benchmark indices slipping more than 1% each.

The S...