The domestic equity benchmark indices were trading in the negative territory in the initial trade on Wednesday as elevated crude oil prices at around USD 92 per barrel amid geopolitical uncertainties and higher US Treasury yields dented investor sentiment.

How the market is moving?

The 30-share BSE Sensex declined 229.32 points or 0.30 per cent at 77,006.14 in the initial trade. The 50-share NSE Nifty shed 81.10 points or 0.34 per cent at 24,073.80 during the early trade.