The gainers on Sensex and Nifty were Hindalco and M&M up 2%.

The losers on Sensex and Nifty were BPCL, which plunged 4%. SBI was also lower by 3%.

The Indian equity indices opened lower amid weak global cues. 

BSE Sensex is currently trading at 58,324.83 lower 63.1 points, while CNX Nifty is trading at 17,380.00, down 17.50 points.

The gainers on Sensex and Nifty were Hindalco and M&M up 2%.

The losers on Sensex and Nifty were BPCL, which plunged 4%. SBI was also lower by 3%.

Infosys is also down 1%.