The National Stock Exchange (NSE) Nifty50 index which closed near 11,671.95 is now opened on a flat note near 11,646.85. Currently, it is trading near 11,647.45, 24.50 points down. (09:19 IST)
On the other hand, the BSE-Sensex which closed near 38,939.22 is now opened near 38,898.60 levels. Currently, it is trading near 38,906.31, 32.91 points down. (09:22 AM IST)
It is a weak start for the domestic indices where on sectoral front; IT space is trading higher while auto, infra, metal, and pharma are under pressure.
Around 24 stocks are in advances and 26 in declines.
The top gainers among Nifty50 are Wipro, Cipla, Coal India, ONGC, and Tata Motors however the top losers are Hindalco, TCS, Adani Ports, HDFC, and Eicher Motors, etc.
Rupee Update: The Indian rupee opened on a flat note at 69.28 per dollar on Wednesday versus previous close 69.29.