The BSE Sensex 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 was down 0.38 percent at 16,813.11 points, with 21 components declining.
The 50-share NSE index was down 0.3 percent at 5,019.75.
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