SENSEX , NIFTY OPEN LOWER AS INVESTORS TRACK BANK EARNINGS , RISING OIL PRICES

What happened: The BSE Sensex opened at 74,594.65, down 134.62 points or 0.18%, and the NSE Nifty 50 opened at 23,096.85, down 49.30 points or 0.21%, as investors assessed September-quarter earnings from HDFC Bank and ICICI Bank Why it matters: HDFC Bank's profit narrowly missed analyst estimates while ICICI Bank beat expectations, and their weight in the Nifty 50 makes their share moves important for the benchmark. HST Wealth's Hariselvan Radhakrishnan said a positive reaction to private-bank earnings could help the market absorb higher oil prices, with Nifty facing resistance at 23,150.

Indian indices open lower as investors weigh bank earnings and rising oil prices.

Indian indices open lower as investors weigh bank earnings and rising oil prices. — impact context not separately stored; see What changed.