Indian benchmark indices open lower following global trends

Indian benchmark indices open lower following global trends

MUMBAI [Maha Media]: Indian benchmark indices opened lower, in line with global market trends on Wednesday. At the opening, Sensex dropped by 296.27 points, or 0.39 per cent, to 73,608.94, while Nifty declined by 77.10 points, or 0.35 per cent, to 22,373.95.

Among the Nifty companies, 17 witnessed advances while 33 experienced declines. Notable movements were observed in Shriram Finance, Hindalco, ONGC, Tech Mahindra, and Ultra Cement, emerging as the top gainers. Conversely, Nestle India, HDFC Life, Britannia, Sun Pharma, and Bajaj Auto were among the top losers.

This downward trajectory follows Tuesday's market performance, where domestic equity indices concluded a three-day rally, closing lower amidst subdued global cues. The Sensex fell by 110.64 points to 73,903.91, and the Nifty 50 settled lower by 8.70 points or 0.04 per cent at 22,453.30.
 

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