Indian Shares Fall to Near Six-Month Low on Oil Surge
Indian shares fell to nearly six-month lows as rising oil prices and elevated global bond yields pressured markets. The Nifty 50 and BSE Sensex declined amid renewed selling.
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India shares fell 1.56% to a near six-month low on Monday morning, extending a seven-week losing streak as oil prices surged. The downturn followed a diplomatic deadlock between the United States and Iran over key shipping routes.
