Indian shares ease after firm start; M&M drops 2 pct

Newswire

MUMBAI, Jan 27 (Reuters) - Indian shares erased gains within minutes of opening and eased on Thursday amid tapering interest from foreign funds, dealers said. Top utility vehicle maker Mahindra & Mahindra dropped 2 percent after Goldman Sachs downgraded the stock to "sell" from "buy". [ID:nSGE70Q01X] At 9:17 a.m. (0347 GMT), the 30-share BSE index was down 0.05 percent at 18,960.86 points, with 14 components declining. It started 0.6 percent higher. The 50-share NSE index was up ...

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