Market drifts lower in early trade

Key indices are trading lower in early trade on selling pressure in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was down 145.61 points or 0.38% at 38,211.57. The Nifty 50 index was down 16.55 points or 0.15% at 11,317.30.