Indian shares fell for the second consecutive day on 4 June due to escalating profit booking against the backdrop of RBI signaling that tightened monetary conditions could last. Although Nifty 50 dropped by 0.38% to 18,563.40, the Sensex fell by 0.35% to 62,625.63. The losses for the week were minor despite the descent as there was a 1% surge over the preceding three sessions ahead of the RBI's trade policy. Though, investors are anticipating the domestic inflation data due to release in May, divulging a cooling down from the present position of 4.7%.