Indian benchmark equity indices opened lower on Thursday, dragged by banking and IT stocks, as U.S. fiscal concerns and rising Treasury yields weighed on global investor sentiment.
The BSE Sensex fell 744 points, or 0.91%, to 80,852, while the Nifty50 dropped 237 points, 0.96%, to trade at 24,575 around 10:30 am.
Most Asian markets fell in early trade, following overnight losses on Wall Street, as yields on 20-year U.S. government debt hit their highest level since