Indian shares turn negative

Enlarge Photo The Bombay Stock Exchange (BSE) building is seen in Mumbai in this May 22, 2006...

Thu, Jul 24 10:55 AM

MUMBAI (Reuters) - Indian shares turned negative on Thursday after opening stronger, with the fall of as much as 0.97 percent led by export-focused outsourcers as the rupee hit its highest in more than two months.

At 10:43 a.m. the 30-share BSE index was down 0.97 percent at 14,797.55. Earlier, the index had risen as much 1.26 percent.

The 50-issue NSE index was down 0.38 percent at 4,460.25.

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