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Indian shares extend fall to more than 4 pct
The Bombay Stock Exchange building is seen in Mumbai in this September 18, 2003 file photo.
Credit: Reuters/Sherwin Crasto/Files
MUMBAI |
MUMBAI (Reuters) - Indian shares extended losses to more than 4 percent on Friday morning, tracking sharply weaker global markets and weighed down by expectation domestic inflation would remain in double digits for some time.
By 11:02 a.m., the 30-share BSE index was down 4.3 percent, or 615.68 points, at 13,806.54 with all its components were in the red.
The 50-issue NSE index fell 4.1 percent to 4,138.25.
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