Indian shares fall 0.4 pct; banks lead losses

MUMBAI, Dec 16 - Indian shares fell 0.4 percent in early trade on Wednesday, weighed down by banks on concerns the central bank may tighten policy after inflation rose faster than expected in November.



At 9:57 a.m. (0427 GMT), the 30-share BSE index .BSESN was down 0.38 percent at 16,813.11 points, with 21 components declining.

The 50-share NSE index .NSEI was down 0.3 percent at 5,019.75.



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Nifty opened on a negative note today and it was low by 11.50 points from its previous close. Though sensex gained a good rise and was up by 102.39 points today morning.