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Stock Market: Sensex, Nifty open lower

Mumbai: Indian equity benchmark indices opened lower on Wednesday. As per market experts, the weaker global cues in the wake of the ongoing US debt ceiling crisis  influenced investors.

BSE Sensex was down 96.44 points to 61,386.03. NSE Nifty 50 fell 26.45 points to 18,260.05. Broader market indices were mostly mixed, with a positive bias. Most of the major sectoral indices were trading lower. Nifty Financial Services, Nifty IT, Nifty Metal and Nifty Realty were the top drags among sectoral indices.

Also Read: Forex Market: Indian rupee falls against US dollar 

The top gainers  in the market   were BPCL, Hero MotoCorp, Bharti Airtel, Bajaj Auto and Cipla.  The top losers in the market were  HDFC Life, JSW Steel, Eicher Motors, Infosys and Tata Consumer Products.

 

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