Indian shares open lower, HDFC Bank extends slide

18 Jan, 2024

BENGALURU: Indian shares opened lower, led by financials as top private lender HDFC Bank extended its post-earnings decline, while the latest US data dampened expectations of an early rate cut and weighed on sentiment.

Indian shares open lower tracking Asian peers

The blue-chip NSE Nifty 50 shed 0.63% to 21,424.70 points, while the S&P BSE Sensex lost 0.71% to 70,977.60, as of 9:16 a.m. IST.

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