Indian markets opened the session marginally in the red on continued selling by funds and retail investors owing to weak Asian cues.
At 9.15 a.m., the 30-share BSE index Sensex was down 40.34 points (0.2 per cent) at 19,741.54 and the 50-share NSE index Nifty was down 23.3 points (0.4 per cent) at 5,827.40.
Asian stocks fell, with the regional benchmark index on course to snap an 11-day rally, as the US and Russia hold talks on Syria and investors await the outcome of a Federal Reserve meeting next week.
US Secretary of State John Kerry is in Geneva to meet with Russian counterpart Sergei Lavrov over a deal for the removal of Syria’s chemical weapons.
The Federal Reserve has said that any reduction in stimulus will be tied to a sustained recovery in employment. It will take a decision to reduce its $85-billion-a-month bond-buying programme during its policy meeting on September 17 and 18.
The euro zone industrial output fell more than analysts estimated in July as the region struggled with high unemployment. Investors await Japan’s factory output data to be released today.
In the Asian trade, Nikkei fell 45.13 points or 0.31 per cent to 14,342.10, Hong Kong's Hang Seng shed 149.82 points or 0.65 per cent to 22,803.90 and Australia's S&P/ASX 200 was down 19.94 points or 0.38 per cent at 5,222.60.
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