Indian equities open lower as rising oil prices weigh on market sentiment

Indian benchmark indices opened lower on Wednesday as rising crude oil prices impacted risk appetite ahead of the Federal Reserve's rate decision.

Crude prices climbed 1.6% to $115.7 a barrel following an attack on a refinery in Saudi Arabia, renewing supply disruption concerns.

Jio Platforms remained in focus as its $3.2 billion initial public offering concluded as India's most-subscribed offering with $77 billion in bids.