Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 54.5 points or 0.51 percent. Nifty futures were trading around 10,782.5-level on the Singaporean Exchange.
Shares of ICICI Bank lost around 2 percent in the morning trade as investors turned cautious of another whistleblower complaint against it.
The stock has touched an intraday high of Rs 300.20 and an intraday low of Rs 295.45.
The bank now faces allegations of "irregularities in the conduct of some borrower accounts" and "incorrect accounting", thanks to a third whistleblower complaint in as many years.
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Source: https://www.moneycontrol.com/news/business/markets/market-live-sensex-nifty-may-open-lower-on-weak-asian-cues-2628461.html
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