Indian shares fell 0.3 percent on Thursday as investors locked in gains after a three-day rally had sent the benchmark to its highest close in more than six months, with another delay in sealing a crucial bailout for Greece also dampening appetite.
Energy major Reliance Industries fell 2.9 percent to its lowest close this month, and extending losses to a third day, on growing worries about falling gas output from its key D6 block. Tata Motors lost 4.2 percent after surging more than 7 percent in the previous session.
Coal India, the world's biggest coal miner, slumped 5.8 percent - its biggest fall in more than seven months - on concerns that a government order to sign a 20-year guaranteed coal supply contract with power producers may hurt its earnings. The main 30-share BSE index closed 0.27 percent lower at 18,153.99, with 14 of its components ending lower. The benchmark had climbed 2.6 percent in the past three sessions and is up 17.5 percent since the end of December, after losing nearly a quarter of its value in 2011. The 50-share NSE index fell 0.18 percent to 5,521.95. In the broader market, there were 833 gainers for 630 losers on a total volume of about 1.2 billion shares.
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