U.S. stocks finished mostly higher on Tuesday afternoon, with the S&P 500 and the Nasdaq Composite scoring 2 day consecutive gains ahead of Wednesday's release of August's CPI inflation report. A rally in the world’s biggest technology companies lifted stocks, offsetting a slew of cautious comments from American bank executives that sent financial shares tumbling.

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Asian stocks wobbled on Wednesday as investors gear up for U.S. inflation data and an eagerly awaited U.S. presidential debate, while oil prices loitered around three-year lows on concerns over a weak demand outlook.

Nifty index ended higher for the second day in a row on Sept 10. At close, Nifty was up 0.42% or 104.7 points at 25041.1. While Nifty rose for the second day, it ran into profit taking at higher levels. It needs to cross 25216 on the upside to build further gains. On downmoves, it could take support at 24867 in the near term.

Indian markets could open flat, in line with mixed Asian markets today and mostly positive US markets on Sept 10