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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Punjab National Bank, India's fourth-biggest state-run lender by assets, reported on Tuesday its fiscal third-quarter profit fell 93 percent as provisions for bad loans jumped. Its shares fell more than 6 percent after the results. Full Article