MUMBAI Feb 1 Indian shares fell for the second day on Friday led by declines in Bharti Airtel after its December quarter results missed estimates by a wide margin, while ICICI Bank fell on profit booking, after rising 4.65 percent in January.
Bharti Airtel provisionally ended down 3.2 percent, while ICICI Bank ended 1.8 percent lower.
The BSE index provisionally closed down 0.53 percent, while the 50-share NSE index ended down 0.5 percent. (Reporting by Abhishek Vishnoi; Editing by Gopakumar Warrier)
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What seemed like a possibility for the Nifty to cross the 8,000 mark just two weeks ago has now turned out to be a far-fetched dream. A 7,950-8,000 range could be used to book partial profits and re-enter closer to 7,750-7,800 for the next couple of weeks. The next big trigger would be the arrival of monsoons, writes Ambareesh Baliga. Read