** India's Nifty 50 .NSEI down 0.1% and BSE Sensex .BSESN 0.2% lower

** Indexes fell as much as 0.9% earlier in the session

** Oil-to-telecom conglomerate Reliance Industries RELI.NS and aluminium company Hindalco HACL.NS lead gains

** HALC jumps 3.7%, top index gainer, after subsidiary Novelis reports higher operating profit and says New Jersey plant to restart in next few weeks

** Index heavyweight RELI up 1%, set to snap three-session losing streak

** Fifteen of the 16 major sectors trade lower; broader small-caps .NIOFSMCP100 and mid-caps .NIFMDCP100 down 0.3% and 0.1%, respectively

** Surge in global bond yields dents outlook for equities, while caution prevails over Iran war GLOB/MKTS

** Zee Entertainment Enterprises ZEE.NS slides 6% after reporting quarterly loss