Bajaj Auto's cautious forecast, foreign outflows drag Indian shares
** India's NSE Nifty 50 .NSEI and S&P BSE Sensex .BSESN fall 0.8% and 0.6% respectively
** Bajaj Auto BAJA.NS slumped 12% on cautious festive forecast, top pct loser on benchmark Nifty, Nifty auto .NIFTYAUTO
** Declines in 12 out of 13 major subsectors; realty stocks .NIFTYREAL, autos top pct losers
** BAJA's warning, which confirmed inflation-hit buyers are limiting festive spending, fuelled concerns in other sectors like property, where ticket sizes are bigger, said Rupesh Sankhe, research analyst at Elara Capital
** IT stocks .NIFTYIT buck trend, up 1.3%
** Nestle India NEST.NS fell 3% after Q2 profit slid
** Underwhelming large-cap earnings, persistent foreign outflows to China dent investor sentiment, analysts say
** Outflows total $8.1 bln Oct-to-date, highest since March 2020
** Hyundai Motor India HYUN.NS IPO subscribed 89% as of midday on final bidding day
** Small-caps .NIFSMCP100, mid-caps .NIFMDCP100 shed 1%, 1.2% respectively
Reporting by Hritam Mukherjee in Bengaluru
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