Indian Shares Fall to Six-Month Lows on Oil Surge
Indian shares fell to near six-month lows as rising oil prices and higher US Treasury yields triggered broad selling across major sectors. The Nifty 50 and BSE Sensex both dropped over 0.7 percent while most major industry segments logged losses.
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India shares fell during Tuesday morning trading, touching near six-month lows as oil prices extended gains amid supply concerns. The Nifty 50 dropped 0.77% to 22,606.1 and the BSE Sensex shed 0.82% to 72,179.87.
