Indian shares opened a tad lower on Wednesday, with PSU banks and IT stocks pacing the declines on the back of weak Wall Street and Asian cues.
The benchmark S&P BSE Sensex dropped 44 points to 60,883 in early trade, while the broader NSE Nifty index was down 8 points at 18,124.
TCS, BPCL, Infosys, Bajaj FinServ and ONGC fell between half a percent and 1 percent in the Nifty pack, while Titan Company shares jumped 2.4 percent and Power Grid Corp added 1.4 percent.
Rail Vikas Nigam jumped more than 4 percent after it has been appointed as the project implementation agency for the UTF harbour project in Maldives.
Punjab & Sind Bank edged down slightly on fund raising reports.
Market Analysis
Sensex, Nifty Marginally Lower In Early Trade
2022-12-28 04:14:37
