Indian shares fell on Thursday after the government's stimulus package for small businesses battered by the coronavirus pandemic was poorly received by investors.
The NSE Nifty 50 index fell 1.45% to 9247.35 by 0400 GMT, while the S&P BSE Sensex was 1.51% lower at 31,522.01.
The Centre said on Wednesday it would offer nearly $60 billion of loan guarantees for small businesses, shadow banks and power companies, as part of a 20-trillion-rupee ($266 billion) fiscal and monetary package.
Other Asian stock markets also fell as worries about a second wave of coronavirus infections and a dour warning from the head of the U.S. Federal Reserve dashed hopes for a quick recovery.
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