Indian shares provisionally close 1.15 pct down

NEW DELHI, July 8 (Reuters) - Indian shares provisionally closed 1.15 percent lower on Tuesday, after trimming sharp early losses as the exit of communist allies from the ruling coalition raised hopes for reviving stalled economic reforms.

State-run utility NTPC Ltd (NTPC.BO: Quote, Profile, Research) and top lender State Bank of India (SBI.BO: Quote, Profile, Research) ended higher.

The communist parties that have provided the Indian government with a parliamentary majority for four years said on Tuesday they were withdrawing their support to protest a civilian nuclear deal with the United States and would ask the president to call a vote of confidence. See [ID:nISL227896]

But there was no immediate threat to the government, which has secured support from a regional party.

The 30-share BSE index provisionally closed 155.40 points down at 13,370.59, with 11 components rising. It had fallen as much as 3.5 percent earlier.

The 50-share NSE index provisionally fell 0.92 percent to 3,992.75. (Reporting by Devidutta Tripathy; Editing by Ranjit Gangadharan)