Indian benchmark indices Sensex and Nifty closed lower in a subdued session on Monday, dragged down by losses in information technology stocks after Moodys downgraded the U.S. governments credit rating.
The GIFT Nifty was trading 0.27% or 67 points down at 25,064.50 as of 6:54 a.m., which implied 46 points higher open for the Nifty 50 index. Traders will focus on Divi's Laboratories Ltd., Premier Energies Ltd., KEC International Ltd., Shipping Corp of India, and Sun Pharmaceutical Industries share prices because of the earning released last week.