Indian shares end slightly lower; ICICI Bank falls

(Reuters) - Indian shares ended slightly lower on Tuesday as investors saw recent strong gains as overdone, though sentiment was broadly supported by hopes parliament will soon pass a revamped goods and services tax.

The NSE Bank Index <.NSEBANK> eased 0.2 pct, falling for a third consecutive session. The sub-index had surged 36 percent from March to July.

ICICI Bank fell 1.7 percent, extending declines to a second session after posting disappointing earnings on Friday.

The broader NSE Nifty <.NSEI> fell 0.16 percent to 8,622.9 points, after earlier rising as much as 0.59 percent. The benchmark BSE Sensex <.BSESN> lost 0.08 percent to 27,981.71 points, after earlier gaining as much as 0.61 percent.

 

(Reporting by Samantha Kareen Nair in Bengaluru; Editing by Sunil Nair)