Markets have opened lacklustre for the third consecutive session on Wednesday as the BSE Sensex lost 21.5 points to 18,795.89 and the Nifty benchmark was down 8 points to 5,716.45.
Shares of telecom operator Bharti Airtel gained 0.77 percent following second quarter numbers. Results were above expectations on every count. It disappointed the street by reporting lower than expected net profit numbers but revenues and EBITDA margin came in higher than expectations.
Tata Motors rose 0.24 percent ahead of second quarter earnings today.
Shares of ICICI Bank, TCS, Infosys, Sun Pharma, Wipro, Bajaj Auto and Tata Steel were marginally higher.
However, Reliance Industries, Larsen & Toubro, ITC, HDFC Bank, HDFC, HUL and State Bank of India fell 0.3-0.5 percent.
Tata Power lost over 1 percent. Tata Communications lost 2 percent. Indian Hotels fell 1 percent while Reliance Capital and Oil India gained 3 percent each post results