Indian shares drop as Mideast conflict boosts oil
Indian shares fell alongside global markets as renewed strikes heightened oil supply disruption risks and inflation concerns. The Nifty 50 declined 0.59 percent while the Sensex shed 0.49 percent amid escalating West Asian tensions.
Xurve View
Insights:
Xurve View
India shares fell 0.59% to 23,914.45 on Wednesday afternoon as renewed United States and Iran strikes revived inflation fears. The decline followed a global bond rout that pushed borrowing costs to multi-decade highs.
