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Sensex, nifty open lower amid global sell-off and geopolitical tensions

Indian markets opened lower on Wednesday as weak global cues, geopolitical tensions and continued foreign investor selling weighed on sentiment. The Sensex fell nearly 400 points and the Nifty slipped below 25,150, tracking losses in Asian and US markets amid renewed trade-war concerns

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Benchmark equity indices Sensex and Nifty drifted lower in early trade on Wednesday as heightened geopolitical tensions, weak global markets and persistent foreign fund outflows rattled investors` sentiment.

The 30-share BSE Sensex dropped 385.82 points to 81,794.65 in opening trade. The 50-share NSE Nifty declined 91.5 points to 25,141. From the 30-Sensex firms, Bharat Electronics, ICICI Bank, Trent, Larsen & Toubro, HCL Tech and Infosys were among the laggards. However, Eternal, Sun Pharma, InterGlobe Aviation and Tata Steel were among the gainers.

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