bengaluru july 5 reuters  indian shares are set to open little changed on wednesday amid caution due to concerns of escalating trade conflict between the us and china and as investors await the us federal reserves june monetary policy meeting minutes indias gift nifty on the nse international exchange was up 006 at 19506 as of 815 am ist the bluechip nifty 50 nsei and sensex bsesn indexes closed at fresh highs for the fourth session in a row on tuesday aided by gains in financials the rally has extended to broader markets as well with the midcaps nifmdcp100 and smallcaps nifsmcp100 hovering near record and 52week highs respectively rising domestic demand and sectorspecific recovery are more than offsetting negatives including tough global economic conditions and higher policy and borrowing rates analysts at sp global ratings wrote in a note on tuesday wall street equities were closed for a public holiday on tuesday investors await the minutes of the feds june policy meeting due at 1130 pm ist on wednesday for cues into the monetary policy trajectory while recent data after the june fed meeting signalled moderation in inflation the odds of a 25 basis points rate hike in its upcoming july 26 meeting stood at 862 asian markets edged lower on concerns over slow postcovid economic recovery in china after data showed that services activity expanded at the slowest pace in the country in five months in june chinas decision to impose export restrictions on gallium and germanium products  key chipmaking materials  from august 1 has fuelled fears of a trade war with the us and weighed on sentiment foreign institutional investors bought 2134 billion rupees 2602 million of indian equities on a net basis on tuesday while domestic investors sold 785 billion rupees of shares as per provisional nse data  stocks to watch  state bank of india sbins  co accords approval for acquiring entire stake held by sbicaps in sbicap ventures  ltimindtree ltimns  hdfc hdfcns  national stock exchange decides replace hdfc with ltimindtree in the nifty 50 from july 13  aurobindo pharma arbnns  cos unit announces positive result in phase 3 clinical trial for drug to treat breast cancer  bandhan bank banhns  cos total deposits up 166 yy in june quarter 1  820210 indian rupees