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Energy major Reliance, India's largest company by market value, was down 3.5 percent at 764.80 rupees.
At 9:17 a.m. (0347 GMT), the main 30-share BSE index was down 0.1 percent at 16,723.75, with 10 of its components declining. It opened down 0.5 percent.
The 50-share NSE index also was down 0.1 percent at 5,043.35.