New Delhi, Dec. 31 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open in the flat on Wednesday, December 31, the last trading session of the year amid thin trade following muted cues from the global peers. Most Asian markets including Japan, South Korea and Thailand, are closed today on account of new year's eve.

The trends on Gift Nifty indicated a flat but positive start for the Indian benchmark index. The Gift Nifty was trading near 26,127 level, up 24 points or 0.09% from the Nifty futures' previous close.

In the previous session, the Indian stock market closed largely flat on Tuesday, December 30, as investors remained cautious amid the absence of fresh domestic triggers and mixed signals from glo...