Foreign funds exodus drags on Indian shares
** India's NSE Nifty 50 .NSEI and S&P BSE Sensex .BSESN down 0.4% after muted open
** Small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 also drop roughly 0.4%
** Constant foreign selling is unencouraging at start of the Sept-qtr earnings and is weighing on sentiment, analysts say
** Foreign outflows near $8 bln so far in Oct, highest for any month since March 2020, as focus shifts to China
** 11 of 13 major subsectors decline, led by 1.5% slip in autos .NIFTYAUTO and 1.2% retreat in IT firms .NIFTYIT
** Financials .NIFTYFIN bucking trend, with a 0.2% rise
** Trent TREN.NS falls 3.4%, most on Nifty, followed by Mahindra and Mahindra's MAHM.NS 2.8% drop
** Cochin Shipyard COCH.NS slides after government's plans to sell stake at a discount
Reporting by Hritam Mukherjee in Bengaluru
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