Sensex opens 300 points lower, Nifty remains weak as banking stocks drag

Indian shares were set on Friday for their first weekly drop in six as markets fell for a third straight session, weighed down by losses in banks and automakers. The blue-chip NSE Nifty 50 index was 0.62% lower at 17,509.4 by 0346 GMT and the benchmark S&P BSE Sensex declined 0.64% to 58,745.22. Indian equities…

Sensex, Nifty open lower as banking and IT stocks extend losses

Indian shares opened lower on Wednesday, moving further away from record highs scaled last week, as banking and technology stocks extended falls. The blue-chip NSE Nifty 50 index was down 0.51% to 17,657.95 by 9:14 am, and the benchmark S&P BSE Sensex fell 0.62% to 59,296.54. Broader negative sentiment also weighed…