A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, December 11, 2018. REUTERS/Francis Mascarenhas/File Photo
BENGALURU - Indian shares opened lower on Wednesday, weighed down by heavyweight Reliance Industries after U.S. e-commerce giant Amazon.com requested a court to block Future Group’s $3.4 billion retail asset sale to the conglomerate. The blue-chip NSE Nifty 50 index fell 0.57% to 14,157.30, while the benchmark S&P BSE Sensex slipped 0.56% to 48,059.52 by 0353 GMT.Future Retail opened 4.9% lower after Amazon.com asked the Delhi High Court to enforce a Singapore arbitrator’s decision and also called for Future Group’s chief executive officer to be detained.
Investors are also eyeing a slew of corporate results due later in the day, including private sector lender Axis Bank and consumer giant Hindustan Unilever.
भविष्य हमेशा अनिश्चित होता है। यह तकनीकी और मौलिक विश्लेषण पर भी लागू होता है 😊🙏💗
Reliance has no future that's why investors and companies are pulling back.
More good news please(((
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