Sensex, Nifty inch lower as banks, auto stocks slip

Indian shares slipped on Thursday, dragged down by banking and auto stocks, a day after the central bank held rates steady to support economic growth in light of risks from inflation and the Omicron coronavirus variant. By 9:27 am, the blue-chip NSE Nifty 50 index was down 0.11% at 17,450.55 and the benchmark S&P…