India's benchmark Nifty 50 index may open a tad higher on Wednesday, after logging the longest losing run in its three-decade history in the last session, aided by gains in Asian peers as the U.S. Commerce chief hinted at some relief on Canada and Mexico tariffs.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,093 level, a discount of nearly 167 points from the Nifty futures’ previous close.

The Sensex and Nifty ended lower on Tuesday, as widespread US tariffs on major trading partners shook global markets and weighed on investor sentiment. The Sensex closed in the red for the third consecutive session,