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Indian shares falls for fifth straight session; ITC falls
MUMBAI |
MUMBAI Dec 13 (Reuters) - India's BSE index fell for a fifth consecutive session on Thursday, as ITC was hit after index provider FTSE lowered its free float weighting, while Hindustan Unilever extended falls on concerns it may face higher royalty payments to parent company Unilever Plc.
ITC provisionally fell 3.6 percent, while Hindustan Unilever ended down 1.8 percent.
The BSE index provisionally fell 0.76 percent, while the 50-share NSE index ended down 0.62 percent. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
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