BENGALURU, Nov 17 (Reuters) – Indian shares fell on Wednesday, dragged by banking and pharma shares, with Reliance Industries (RELI.NS) and Housing Growth Finance Company Ltd (HDFC.NS) weighing on the Nifty 50 index.
The Nifty Financial institution Index (.NSEBANK) dropped 0.47%. Bandhan Financial institution (BANH.NS), RBL Financial institution (RATB.NS), and IDFC First Financial institution (IDFB.NS) — down between 0.9% and 1.4% — led the losses on the sub-index.
SpiceJet (SPJT.NS) stated on Wednesday U.S. planemaker Boeing (BA.N) had agreed to settle excellent claims associated to the grounding of its 737 MAX plane. Shares have been down 0.6% in early commerce. read more
In world buying and selling, Wall Avenue equities have been boosted by the greenback reaching a four-and-a-half-year excessive towards the yen after knowledge confirmed U.S. retail gross sales rose faster-than-expected in October. Asian shares slipped.
Reporting by Vishwadha Chander in Bengaluru; enhancing by Uttaresh.V
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