Indian shares muted as IT stocks drag; Delta Corp plunges

25 Sep, 2023

BENGALURU: Indian shares opened on a weaker note on Monday, dragged by losses in information technology stocks, while casino operator Delta Corp plunged 10% after it received a notice from the tax department.

The Nifty 50 was down 0.1% at 19,643 points as of 09:19 a.m. IST, while the S&P BSE Sensex fell 0.1% to 65,943 points.

Indian shares inch up, but set for first weekly drop in four

IT stocks fell 0.3%. Shares of Delta Corp slumped after the company said on Friday it received a notice to pay taxes worth 111.4 billion rupees ($1.34 billion) along with interest and penalty.

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