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…