Wires

Indian shares fall more than 1 pct; blue chips hit

MUMBAI, Oct 8 (Reuters) - Indian shares fell for a secondconsecutive session on Monday, as investors booked profits aftera powerful rally that sent indexes to their highest sincemid-2011 last week, with caution also growing ahead of corporateearnings result announcements.

Reliance Industries

fell 4.8 percent after MorganStanley cuts its rating to 'underweight' from 'equal-weight',citing expectations for weaker refining margins and valuationconcerns among other factors.

Infosysfell 1.53 percent ahead of its Q2 resultsexpected on Friday.The BSE indexprovisionally fell 1.29 percent,while the 50-share NSE indexfell 1.31 percent.

(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

((abhishek.vishnoi@thomsonreuters.com)(+91 22 61807225)(ReutersMessaging)(abhishek.vishnoi.reuters.com@reuters.)(net))

Keywords: MARKETS INDIA STOCKS