Indian markets opened lower on Wednesday, as investors engaged in profit-taking near record high levels, despite encouraging
macroeconomic data
.
The Nifty 50 index had declined by 18.30 points, representing a 0.09% decrease, settling at 19,974.90. Meanwhile, the Sensex was down by 71.07 points, standing at 67,150.06.
Among the notable early gainers in the Nifty were
Dr. Reddy’s Labs
,
ONGC
,
Divis Labs
, Power Grid Corp, and BPCL, while TCS, HDFC Life, Wipro, HCL Technologies, and Adani Ports were among the early losers.