Indian shares muted as crude oil holds above 100
Indian shares traded flat as an escalating Middle East conflict kept crude oil prices above 100 dollars per barrel. Investors remained cautious while awaiting upcoming US inflation data ahead of the Federal Reserve policy meeting.
Xurve View
Insights:
Xurve View
India shares traded flat on Thursday morning as Brent Crude Oil held above $100 per barrel following a sharp escalation in Middle East hostilities. The Nifty 50 edged down 0.01% to 23,429.25, while the BSE Sensex slipped 0.01% to 74,759.54. Both domestic benchmarks are hovering near three-month lows set in the previous session.
