India, July 17 -- Indian shares were marginally lower in early trade on Thursday after U.S. President Donald Trump signaled that a new trade deal could be inked soon with India.

His statement comes at a time when both countries' commerce ministry officials are prepping for another round of trade talks.

The benchmark 30-share BSE Sensex was down 70 points at 82,563 while the broader NSE Nifty index dipped 25 points to 25,186.

Wipro fell about 1 percent ahead of its earnings release. Reliance Power dropped 1.3 percent and Reliance Infrastructure declined 1.4 percent on fund raising reports.

Tech Mahindra was down 1.3 percent after reporting a marginal fall in June quarter revenue.

State Bank of India was little changed after launching a ...