India, Aug. 10 -- Indian shares were subdued in early trade on Monday as uncertainty over the reopening of the Strait of Hormuz overshadowed growing expectations that the U.S. Federal Reserve will not raise interest rates next month.
The benchmark BSE Sensex was down 84 points at 78,414 while the NSE Nifty index dipped 26 points to 24,544.
SBI dropped 1.3 percent on reporting a 10 percent rise in Q1 standalone net profit.
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