Indian stock indices are poised to decline for the third consecutive trading session, led by the underperformance of Reliance Industries (RELIANCE, Financial) and HDFC Bank (HDFCBANK). The NSE Nifty 50 index slipped by 0.2% to 25,753, while the BSE SENSEX index recorded a similar decline.
Reliance Industries (RELIANCE, Financial) dropped by 0.8%, making it the largest drag on the NSE Nifty 50 index. Out of the 50 stocks in the Nifty 50 index, 17 stocks rose, while the rest declined.