Sensex, Nifty slip as financials, banks drag

Benchmark market indices slipped in early trade as financials and banking stocks weakened.

Indian shares inched lower on Thursday, weighed by financial and banking stocks ahead of the expiry of derivatives amid an uptick in Omicron coronavirus variant cases.

The NSE Nifty 50 index was down 0.1% at 17,198 by 9:29 am and the benchmark S&P BSE Sensex fell 0.08% to 57,846.67.