Indian shares opened lower on Thursday, with the BSE Sensex down 260 points and the NSE Nifty slipping 73 points. BEL, Trent, Tata Steel, and other companies saw losses of 1-2 percent. Ola Electric tumbled 2.6 percent after a share sale by promoter Bhavish Aggarwal. Indian Overseas Bank fell 1.2 percent due to a stake sale offer by the government. GMR Power dropped 1 percent on fund raising reports. Cyient was marginally higher following news of its Singapore arm acquiring a majority stake in U.S.-based Kinetic Technologies for $93 million.
Read more at Nasdaq: Indian Shares Open Lower On Sluggish Global Cues
