Dec 16 (Reuters) - India's equity benchmarks inched lower at open on Tuesday as investors navigate persistent foreign outflows and a depreciating rupee, while a trade deal with the U.S. remains elusive.
The Nifty 50 fell 0.29% to 25,951.5 and the BSE Sensex lost 0.22% to 85,025.61 as of 9:15 a.m. IST. The rupee hit a fresh all-time low against the dollar, extending its recent slide.
All the 16 major sectors opened lower, but the losses were modest. Small-caps and mid-caps fell 0.2% and 0.1%, respectively.
The benchmark indexes have been wavering over the last two weeks, after hitting record highs on December 1, due to lack of major triggers and continued wait for a India-U.S. trade deal.
(Reporting by Vivek Kumar M; Editing by Sumana Nandy)
