Indian shares extend losing run on oil and yields
Indian benchmark indexes extended their losses as higher oil prices and rising US Treasury yields fueled foreign investor outflows. The Nifty 50 and BSE Sensex declined amid broad market weakness.
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Indian shares extended their losing streak on Tuesday afternoon as climbing energy costs and surging global bond yields stoked capital flight fears. The Nifty 50 fell 0.28% to 22,716.2 and the BSE Sensex dropped 0.33% to 72,529.07.
