Indian Shares Reverse Course To End Sharply Lower

Indian shares reversed early gains to end sharply lower on Friday despite firm cues from global markets. The benchmark BSE Sensex fell 1,092.05 points, or 1.44 percent, to 74,775.74 as rising volatility due to continued FII selling and forecasts of a slightly below-normal monsoon season this year offset rising hopes of a U.S.-Iran deal. The broader NSE Nifty index slumped by 359.40 points, or 1.50…