Indian Shares Extend Losses on Rising Crude Prices
Indian shares extended their losing streak to a fourth session as surging oil prices driven by Middle East tensions eclipsed gains in the IT sector. The benchmark Nifty 50 and Sensex both declined while broader markets faced sharper losses.
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India shares fell on Friday morning, extending losses into a fourth consecutive session as surging crude oil prices outweighed gains in technology stocks. The Nifty 50 dropped 0.70% to 22,529.15, while the Sensex shed 0.39% to 72,964.13. The decline reverses early gains of up to 0.6% and leaves benchmarks down about 2% over the past three sessions.
