Indian shares end lower; factory data disappoints
MUMBAI Nov 12 (Reuters) - Indian shares provisionally closed lower on Monday ahead of a two-day trading holiday after a surprise contraction in industrial production, a fall in exports, and a higher consumer price index deepened fears about the Indian economy.
Larsen & Toubro Ltd ended 0.9 percent lower while cigarette maker ITC Ltd fell 1.35 percent.
However, shares in United Spirits Ltd jumped 34.66 percent after the company agreed to sell a majority stake to Diageo.
The BSE index provisionally fell 0.07 percent, while the 50-share NSE index ended down 0.04 percent.
The stock markets will open for a brief session on Tuesday.
(Reporting By Manoj Dharra; Editing by Anupama Dwivedi)
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