The Sensex is down 39.55 points at 27356.83 and the Nifty is down 10.80 points at 8274.80. About 309 shares have advanced, 121 shares declined, and 77 shares are unchanged.
Sun Pharma, Maruti, Wipro, Bajaj Auto and ICICI Bank are top gainers in the Sensex. Among the losers are Bharti Airtel, HUL, Vedanta, Cipla and Tata Motors.
Bharti Airtel's earnings disappointed after profits and revenues missed estimates. The Indian operations of the company remain steady while Africa continues to drag.
The Indian rupee opened marginally lower at 63.22 per dollar against 63.15 Tuesday.
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