Sensex, Nifty open lower; SBI, Reliance major laggards
The market has opened weak on Wednesday. The Sensex is down 68.30 points or 0.3 percent at 25262.19 and the Nifty is down 11.30 points or 0.1 percent at 7703.60. About 375 shares have advanced, 264 shares declined, and 25 shares are unchanged.
Hindalco, Tata Steel, Hero MotoCorp, Bharti and Coal India are top gainers while SBI, ICICI Bank, Reliance, Axis Bank Bank and HDFC are losers in the Sensex.
The Indian rupee has opened lower by 5 paise at 66.75 per dollar against previous close of 66.71 a dollar.
Asian shares consolidated their gains, shaking off earlier losses following attacks on the airport and a rush-hour metro train in Brussels as investors look to a brightening global economic picture.
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