Mumbai: Indian stocks fell, with the benchmark index erasing a weekly advance, as energy and telecom shares dropped and investors focused on the start of the results season next week.
Bharti Airtel Ltd and Idea Cellular Ltd, the nation’s largest mobile-phone operators, slid more than 2% each after the government said it will recover money from them for understating revenues for four years. Oil and Natural Gas Corp. Ltd (ONGC), the biggest state explorer, retreated for a third day as crude oil traded below $46 a barrel.