Tata Motors is down 4 percent, Adani Ports, HDFC, ICICI Bank and Reliance are losers while ONGC, Infosys, Cipla, Asian Paints and Hero MotoCorp are gainers.
European markets open lower: European stocks opened lower after minutes from the U.S. Federal Reserve's September meeting raised expectations of a December interest rate hike.
Despite not hiking rates in September, Fed minutes on Wednesday showed that three members of the Federal Open Market Committee dissented and called for a rate hike. The market is largely anticipating the Fed to raise interest rates later this year, with fed funds futures pricing in a more than 65 percent probability for a hike in December, but just 20 percent for November, according to RBS.
