Jan 21 (Reuters) - Indian shares extended losses at the open on Wednesday, after a bruising selloff in the previous session, while global trade and geopolitical concerns, lacklustre earnings and sustained foreign outflows pushed the rupee to a record low.
The Nifty 50 eased 0.36% to 25,141, while the BSE Sensex fell 0.47% to 81,794.65 as of 9:15 a.m. IST.
Thirteen of the 16 major sectors logged losses. The broader small-caps and mid-caps lost 0.3% each.
The Nifty and Sensex lost about 1.4% and 1.3%, respectively, on Tuesday - their steepest single-day percentage drop in more than eight months, and logged their lowest closing levels in more than three months.
Equities have come under pressure from elevated global trade and geopolitical uncertainty - sparked by U.S. President Donald Trump's threats to acquire Greenland and reignite a trade war with the European Union - and a choppy domestic results season marked by misses from heavyweights such as Reliance Industries and ICICI Bank.
Meanwhile, the Indian rupee slipped to an all-time low on Wednesday, as risk aversion linked to the Greenland dispute added downside pressure on the currency.
(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Sumana Nandy)
