Indian shares traded lower on Friday as profit taking set in after recent gains driven by GST reforms and positive India-U.S. trade talks. The BSE Sensex fell 398 points to 82,615, while the NSE Nifty dropped 118 points to 25,305. Reliance Industries, Power Grid Corp, UltraTech Cement, HCL Technologies, Infosys, ICICI Bank, and Titan Company all saw declines of around 1 percent. Mobikwik Systems fell 1.4 percent due to a technical glitch. Adani Enterprises, Adani Ports, and Adani Power rose after SEBI found no evidence of fund channeling through related parties. Vedanta gained 1 percent and Texmaco Rail secured an order from UltraTech Cement. John Cockerill India and JSW Energy also saw gains.

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