Indian shares drop as IT losses outweigh oil relief
Indian shares retreated as declines in IT stocks weighed on the market, offsetting positive sentiment from lower oil prices. The Nifty 50 and BSE Sensex both fell amid ongoing foreign outflows and cautious trading.
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India shares fell during Tuesday's late morning session as IT stocks dragged the benchmarks down 0.36%. The drop offset positive sentiment from lower oil prices amid potential diplomatic talks.
