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Indian shares slip as financials fall, Sensex, Nifty drop in opening hours

Sensex drops 206.67 factors to 51,897.50 in opening session; Nifty slips 54.65 factors to 15,258.80

Reuters, New Delhi

UPDATED ON FEB 17, 2021 10:35 AM IST

Indian shares retreated from report highs on Wednesday as traders offered off high-flying monetary shares and Nestle slid after disappointing earnings.

The NSE Nifty 50 index was down 0.35% at 15,261.95 by 0355 GMT, whereas the S&P BSE Sensex was 0.42% decrease at 51,883.07.

The highest three drags on the Nifty 50 have been HDFC Financial institution , mortgage lender HDFC and Axis Financial institution , adopted by Nestle India, which fell 4%.

Adani Ports and Particular Financial Zone gained 4.6% after it earmarked $1.Four billion to develop a brand new port.

Different Asian inventory markets have been additionally largely weaker, after a combined shut on Wall Avenue in a single day.

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