India, May 19 -- Indian shares were flat to slightly lower on Monday, with IT stocks leading losses after a U.S. credit rating downgrade.
The benchmark S&P BSE Sensex was down 111 points, or 0.1 percent, at 82,219 in early trade while the broader NSE Nifty index was little changed at 25,011.
Among the prominent decliners, IndusInd Bank, Tech Mahindra, TCS, HCL Technologies, Eternal and Infosys all were down around 1 percent.
Vodafone Idea lost nearly 4 percent. The cash-strapped telecom firm has moved to the Supreme Court after the government refused to waive over USD 5 billion in interest and penalties related to adjusted gross revenue (AGR) dues.
Protean eGov Technologies shares plummeted 20 percent after the company was not selected ...