Indian Shares Fall on Inflation Worries
Indian benchmark indexes fell as persistent inflation concerns and high oil prices overshadowed recent central bank support measures. The Nifty 50 and BSE Sensex both dropped amid cautious investor sentiment.
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India benchmark indexes fell 0.7% on Monday morning as investors weighed central bank support measures against persistent inflation pressures from crude and a weaker monsoon. The Nifty 50 fell to 22,363.35, while the BSE Sensex lost 0.76% to 71,924.68.
