Indian shares open lower, tracking Asian peers

15 Mar, 2024

BENGALURU: Indian shares opened lower on Friday, tracking Asian peers as hotter-than-expected US inflation data kindled fears of delays in rate cuts.

The blue-chip NSE Nifty 50 index lost 0.37% to 22,064.855, while the BSE Sensex shed 0.29% to 72,886.77, as of 9:16 a.m. IST.

Indian shares recoup losses ahead of small-, mid-cap stress test results

The benchmarks have lost about 1.7% each this week so far, and are on course for worst week since the end of October, 2023.

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