Market report. Sensex, Nifty open lower on US debt deal concerns

Reuters Updated - May 31, 2023 at 09:46 AM.

Indian shares opened lower on Wednesday after hitting five-month highs in three sessions in a row, as caution set in ahead of the US Congress' approval of the debt deal, while fresh concerns about China's stuttering economic recovery weighed on the sentiment.

The blue-chip Nifty 50 index was down 0.26 per cent at 18,585.35, while the benchmark S&P BSE Sensex lost 0.26 per cent to 62,801.08 in early trade.

Published on May 31, 2023 04:15

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