Indian stock market, June 4 -- The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open higher on Wednesday, following upbeat global market cues.

Asian markets rallied, while the US stock market ended higher overnight led by gains in tech stocks.

On Tuesday, the Indian stock market ended sharply lower amid growing concerns over stretched valuations and foreign capital outflows.

The Sensex dropped 636.24 points, or 0.78%, to close at 80,737.51, while the Nifty 50 settled 174.10 points, or 0.70%, lower at 24,542.50.

"There is no outcome yet on the global trade settlement involving major economies, which is creating a lot of uncertainty amongst the investors and prompting them to slash their equity bets at regular...