Indian shares fall more than 1 percent on day

MUMBAI, Jan 31 (Reuters) - Indian shares fell more than 1 percent early on Thursday, led lower by Reliance Industries Ltd (RELI.BO) and ITC Ltd (ITC.BO).

By 10:13 a.m. (0443 GMT), the 30-share BSE index .BSESN was down 1.1 percent or 195.6 points at 17,563.08, with 23 components in the red.

The 50-issue NSE index was down 1.09 percent at 5,111.20. (Reporting by Hiral Vora; Editing by Editing by Ranjit Gangadharan)