Domestic bourses would remain closed on Thursday for Republic Day.
The latest FPI outflow followed withdrawal of close to Rs 77,000 crore on net basis from equity and debts together in last three months.
About 6.6 billion shares changed hands on US exchanges, higher than the 6.1 billion daily average for the past 20 trading days, according to Thomson Reuters data.
The Dow Jones industrial average was up 79.6 points, or 0.4 per cent, at 19,812. The S&P 500 was up 7.62 points, or 0.336619 per cent, at 2,271.31.
The Cabinet Committee on Economic Affairs, headed by Prime Minister Narendra Modi gave 'in principle' nod for listing five government owned General Insurance Companies.
Nomura, Morgan Stanley, SBI, LIC, Axis Bank and Birla MF are some of the anchor investors which placed bids.
The government, which owns 29.5 percent of HZL, is pushing for a dividend of Rs 10,000-15,000 crore, to be paid by March 31, officials said, speaking on condition of anonymity.
The firm provides security solutions and business support services to a wide range of customers across India and Australia.
A fund would not be able to invest more than 5 percent of its net asset value in units of a single issuer of REIT or InvITs, the regulator said in a statement.
The Sebi board has decided to give an option to all market intermediaries and companies to make their regulatory payments in digital mode.
Total reserves had risen by $625.5 million to $360.296 billion in the previous reporting week.
Infosys shares closed 2.42 per cent lower after falling as much as 3.73 percent to its lowest since December 7.
Sensex and Nifty are likely to open on a positive note in trades today tracking futures trade on Singapore Exchange.
Investors were hoping for commentary on the new administration's plans for fiscal stimulus and tax cuts.
Japan's Nikkei stock index rose 0.4 percent, on track to shed 1.2 percent for the week.
On the volume front, 11.15 lakh shares of the company were traded on BSE and over one crore shares changed hands at NSE during the day.