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The Indian Stock Market has opened lower as the Sensex is down 77.87 points or 0.3 percent at 25601.06. The Nifty is down 21.90 points or 0.3 percent at 7833.15. About 313 shares have advanced, 357 shares declined, and 32 shares are unchanged. Hindalco, Bharti, Tata Steel, M&M and Axis Bank are top gainers while ICICI Bank, ITC, GAIL, Maruti and Hero are losers in the Sensex. The Indian rupee has opened marginally lower at 66.72 a dollar compared to 66.61 a dollar in previous session.HDFC Bank says the crucial 2-day FOMC meeting starts today with market expectations of no rate action.