FILE PHOTO: The Bombay Stock Exchange (BSE) building is seen in Mumbai, India, January 31, 2020.
REUTERS/Francis MascarenhasBENGALURU (Reuters) - Indian shares inched lower on Monday, dragged by consumer and information technology stocks, while banks scaled a record high after strong quarterly earnings from private lender ICICI Bank.
The blue-chip NSE Nifty 50 index was down 0.2% at 18,088 by 0355 GMT, while the benchmark S&P BSE Sensex fell 0.1% to 60,775.46.
Shares of ICICI Bank rose 7.1%, helping the Nifty bank index reach a fresh high, after the lender posted an about 25% surge in quarterly profit on Saturday.
The bank index rose 1.1%, while the fast moving consumer goods index and the IT sub-index fell 1% and 0.9%, respectively.
Francis Mascarenhas BENGALURU
Bombay Stock Exchange, REUTERS, ICICI Bank, BSE