Markets

Indian shares drop 1.8pc, Reliance leads fall

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Energy major Reliance Industries fell more than 2 percent to lead the losses.

India's industrial output likely shrank 0.5 percent in October from the same month a year ago, its first decline in over two years, hurt by a slowdown in export growth, a Reuters poll showed.

The data is due on Monday.

At 9:18 a.m. (0348 GMT), the 30-share BSE index was down 1.8 percent at 16,200.01, with all its components falling.

Copyright Reuters, 2011