Indian shares fall, pulled down by Bharti Airtel, AS

Thu, May 8 06:21 PM

MUMBAI, India (AP) _ Indian shares fell Wednesday, dragged down by telecommunication firm Bharti Airtel. The Bombay Stock Exchange's benchmark 30-stock Sensex dipped 34 points, or 0.

2 percent, to 17,339 points. On the broader National Stock Exchange, the 50-company S&P Nifty index fell 9 points, or 0.

2 percent, to 5,136 points. Telecommunications firm Bharti Airtel was among the biggest losers, down 3.

6 percent at 816 rupees, followed by Reliance Communications Ltd., off 0.

6 percent at 540 rupees. Real estate firm DLF Ltd.

declined 2.5 percent at 651 rupees, followed by engineering giant Larsen & Toubro Ltd.

, down 2.4 percent at 2,987 rupees.

Other losers included pharmaceutical company Ranbaxy Laboratories Ltd., down 1.

8 percent at 466 rupees, and software company Satyam Computer Services Ltd., off 1.

6 percent at 489 rupees.

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