Indian share prices fell 1.38 percent on Thursday as investors locked in gains after the benchmark Sensex hit a new intra-day high, dealers said. They said investors were cautious ahead of earnings from India's second largest exporter Infosys Technologies on Friday for the October to December quarter.
The 30-share Mumbai stock exchange Sensex fell 287.7 points to 20,582.08, off an intraday record high of 21,206.77. The Sensex's previous intraday high of 21,113.13 set on Wednesday. "Investors are marginally nervous ahead of the Infosys earnings," said Manoj Kakaiya, dealer with brokerage ULJK Securities.