Indian shares fall; SBI down as asset quality disappoints
MUMBAI Nov 9 (Reuters) - Indian shares fell on Friday, marking a second day of declines, led by falls in State Bank of India, after the country's biggest lender posted its smallest profit increase this year as bad loans constrained earnings growth.
Shares in SBI provisionally fell 4 percent, while among private banks ICICI Bank fell 1.4 percent.
The BSE index provisionally fell 0.89 percent, while the 50-share NSE index ended down 0.91 percent. (Reporting by Abhishek Vishnoi; Editing by Sunil Nair)
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India's largest cigarette maker ITC Ltd on Tuesday said first-quarter net profit grew 16 percent, lagging forecasts although sales beat market expectations. Full Article