Indian equity benchmarks Sensex and Nifty50 are likely to open higher on Wednesday despite weakness in other Asian markets. At 7:45 am, Nifty futures trading on Singapore Exchange -- an early indicator of the Nifty50 index -- were up 48 points or 0.3 percent at 17,969. Analysts awaited more quarterly earnings reports from India Inc for cues. SBI and Eicher Motors will report their financial results on Wednesday.