Sensex, Nifty Marginally Lower In Early Trade

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Sensex, Nifty Marginally Lower In Early Trade

(RTTNews) - Indian shares opened a tad lower on Wednesday, with PSU banks and IT stocks pacing the declines on the back of weak Wall Street and Asian cues.

The benchmark S&P BSE Sensex dropped 44 points to 60,883 in early trade, while the broader NSE Nifty index was down 8 points at 18,124.

TCS, BPCL, Infosys, Bajaj FinServ and ONGC fell between half a percent and 1 percent in the Nifty pack, while Titan Company shares jumped 2.4 percent and Power Grid Corp added 1.4 percent.

Rail Vikas Nigam jumped more than 4 percent after it has been appointed as the project implementation agency for the UTF harbour project in Maldives.

Punjab & Sind Bank edged down slightly on fund raising reports.

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