Sensex is down 161 points at opening bell, at 66,267, while Nifty is down at 19,775
Due to slowing global market trends and a rise in the price of Brent crude oil, equity benchmark indexes fell in early trading on Wednesday.
The 30-share BSE Sensex dropped 161.41 points to 66,266.68 after a day of rest. To 19,774.80, the Nifty dropped 36.7 points.
The main laggards among the Sensex companies were Larsen & Toubro, ICICI Bank, HDFC Bank, NTPC, Power Grid, and Bajaj Finance.
Among the winners were Sun Pharma, JSW Steel, Tata Steel, and Tata Motors.
Tokyo, Shanghai, and Hong Kong were trading in the red on Asian markets, while Seoul was trading in the black.
On Tuesday, the US stock markets came to a mixed conclusion.
Benchmark Brent crude for world oil increased 1.87 percent to USD 91.58 per barrel.
According to exchange statistics, foreign institutional investors (FIIs) purchased shares of stock worth 263.68 crore on Tuesday.
The BSE benchmark increased 261.16 points or 0.39 percent on Tuesday to close at 66,428.09. To reach 19,811.50, the Nifty increased by 79.75 points, or 0.40 percent.
