Feb 5 (Reuters) - India's benchmark indexes opened lower on Thursday, in a broad-based decline led by metal stocks, following three sessions of gains driven by the U.S. trade deal.
The Nifty 50 was down 0.3% at 25,696.75, while the BSE Sensex shed 0.29% to 83,568.15, as of 9:22 a.m. IST.
Ten of the 16 major sectors were in the red at the open. The metal index slid about 2%, tracking declines in global metal prices as a stronger dollar made commodities more expensive for holders of other currencies.
The metal index had risen about 6% in the last three sessions.
The broader small-caps and mid-caps fell 0.7% and 0.2%, respectively.
The IT index ticked 0.2% higher after sliding about 6% in on Wednesday on concerns over AI-driven disruption in the software industry, which triggered a global tech selloff.
The Nifty 50 and Sensex have jumped 3.8% in the last three sessions, with gains in two sessions supported by the trade deal with the U.S. that reduced tariffs on Indian goods to 18% from 50%.
(Reporting by Vivek Kumar M and Bharath Rajeswaran; Editing by Eileen Soreng)
