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Kingfisher Airlines fell more than 11 percent after the country's aviation regulator asked the carrier to provide a specific timeline for getting its grounded aircraft back in the air and for its recapitalization efforts.
At 9:18 a.m. (0348 GMT), the benchmark 30-share BSE index was down 0.24 percent at 15,818.62 , with 22 of its components falling.
The 50-share NSE index was 0.36 percent down at 4,732.65.