Market Opening Bell: Benchmark indices Sensex and Nifty opened marginally lower on Wednesday i.e. February 12 amid mixed global cues. The market declined for the sixth straight session. While the 30-share BSE benchmark Sensex dropped 104.61 points or 0.14 per cent to 76,189 in initial trade, the NSE Nifty shed 18.20 points or 0.08 per cent to 23,053.
From the 30-share blue-chip pack, TCS, Infosys, Tech Mahindra and HCL Tech were among the gainers. On the other hand, Mahindra & Mahindra, Zomato, Reliance and Axis Bank were among the biggest laggards.
Meanwhile, the rupee sustained its recovery from the lowest level for the second straight session and appreciated 27 paise to 86.52 against the US dollar on Wednesday supported by easing crude oil prices and measures by the Reserve Bank.
The steep surge came a day after the unit plunged to near 88 per US dollar level during intraday on Monday, though the currency staged a dramatic rebound in the second half to end the session with gains at 87.