The benchmark indices opened in the negative territory on May 25, Thursday. The S&P BSE Sensex was trading 163 points, or 0.26 per cent lower at 61,753.05 while the NSE’s Nifty was trading at 18,245.20, down 40 points. Among index stocks, ITC shares hit a fresh 52-week high of Rs 437.90 in the opening deals. Nestle (India) was next on the gainers’ list with nearly a per cent gain, followed by Kotak Mahindra Bank, Bharti Airtel, and Power Grid. On the flip side, Tata Motors was the biggest laggard (down over 1 per cent), followed by Mahindra & Mahindra (M&M), and State Bank of India.