Indian Shares Open Lower as IT Stocks Weigh

Indian Shares Open Lower as IT Stocks Weigh

BENGALURU: Indian shares opened lower on Wednesday, dragged by information technology stocks ahead of a key US jobs data and Federal Reserve Chair Jerome Powell’s congressional testimony.

The blue-chip NSE Nifty 50 shed 0.24% to 22,302.70 as of 9:20 a.m. IST, while the BSE Sensex dropped 0.24% to 73,497.32.