The Indian stock market benchmark indices, Senex and Nifty 50, are likely to open lower on Wednesday tracking weak global market cues.The trends on Gift Nifty also indicate a negative start for the Indian benchmark index.

Stock Market Highlights: 44 out of the Nifty50 constituent stocks ended in the red, dragged down by Hero MotoCorp, Hindalco, Tata Steel, Mahindra & Mahindra, and Eicher Motors

Equity benchmark indices Sensex and Nifty slumped 1 per cent each on Tuesday due to widespread selling pressure amid uninterrupted foreign fund outflows and sluggish global trends. The BSE benchmark Sensex tumbled 820.97 points or 1.03 per cent to settle ...

After opening in green, the S P BSE Sensex reversed course, dragged down by banking, financial services, and auto stocks. The Nifty50, too, faced a broad-based decline, with nearly all sectoral indices closing in the red except for Nifty Realty.

Sun Pharma, Trent, HCL Tech, Infosys, and ONGC were among the top gainers on the Nifty index. Britannia Industries, HDFC Bank, NTPC, and Tata Motors were among the top losers.

At close, the Sensex was down 820.97 points or 1.03 percent at 78,675.18, and the Nifty was down 257.80 points or 1.07 percent at 23,883.50. About 1155 shares advanced, 2641 shares declined, and 93 shares unchanged.

Bank stocks HDFC Bank and State Bank of India contributed most to the Sensex fall. NTPC, Tata Motors and Bajaj Finance also contributed to the decline.

Indian benchmarks opened higher, led by banking and IT stocks, after three sessions of declines due to weak earnings.

Indian benchmark equity indices BSE Sensex and Nifty 50 opened higher on Tuesday, amid strength in the US markets.