MUMBAI Dec 3 India shares fell on Monday, retreating from a 19-month high, as recent outperformers such as HDFC Bank were hit by profit-taking on worries over the parliament's impending vote on foreign direct investment in multi-brand retail.
HDFC Bank provisionally fell 2.44 percent, while among other recent outperformers, Bharti Airtel ended 1.8 percent lower.
The BSE index provisionally closed 0.17 percent lower, while the 50-share NSE index also ended down 0.15 percent. (Reporting by Abhishek Vishnoi; Editing by Anand Basu)
Trending On Reuters
Ready for Rate Hike
Two years ago India was a "fragile five" economy growing at 5 percent, facing a severe current account deficit and the rupee at record lows as the U.S. Fed Reserve prepared to taper its stimulus programme. Today, two years into the term of RBI Governor Raghuram Rajan, India is set to confidently face the Fed's first rate rise since 2006. Full Article