Indian shares slump after Bangalore blasts

Mumbai: Indian shares extended losses to more than 3.5 percent on Friday after reports of blasts in Bangalore, home to top outsourcers Infosys Technologies and Wipro.

At 2:53 p.m., the 30-share BSE index was down 3.7 percent, or 529.28 points at 14,228.81, with 23 components in the red.

The 50-issue NSE index was down 2.9 percent at 4,305.30.