Indian shares open lower as oil prices top 100 dollars
Indian shares fell on Friday as oil prices topped 100 dollars amid U.S.-Iran conflict. The Nifty 50 and Sensex dropped over 0.5 percent in early trading.
Xurve View
Insights:
Xurve View
India's benchmark indexes fell over 0.5% Friday as rising energy costs pressured Asia's third-largest economy. The Nifty 50 dropped 0.53% to 24,198, while the BSE Sensex shed 0.56% to 77,411.26. Renewed Middle East conflict threatens to destabilize local inflation targets and corporate margins just as earnings season peaks.
