Selling was across the board on Friday with financial stocks falling the most. (Photo: Reuters) Indian shares fell sharply on Friday ahead of December-quarter gross domestic product data, as a spike in global bond yields sparked a sell-off in world equities. The NSE Nifty 50 index shed 1.65 per cent to 14,849.15 by 9:19 am, while the S&P BSE Sensex slipped 1.65 per cent to 50,186.37. Still, both indexes were on course to end the month with more than 10 per cent gains, due to solid corporate earnings and a well-received federal budget. Selling was across the board on Friday with financial stocks falling the most. Housing Finance Corp and HDFC Bank were the top two drags to the Nifty, slipping more than 2% each.