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Market Opens:

Indian indices opened gap down on January 17 on the back of weak global markets.

The Sensex was down 755.28 points or 1.03 percent at 72,373.49, and the Nifty was down 203.50 points or 0.92 percent at 21,828.80. About 574 shares advanced, 1836 shares declined, and 94 shares unchanged.

Bharti Airtel, HDFC Life, Reliance Industries, NTPC, ITC were among major gainers on the Nifty, while losers were HDFC Bank, Hindalco Industries, Tata Steel, Axis Bank and Bajaj Auto.