Indian shares drop as oil surges
Indian shares declined on Wednesday after US-Iran strikes pushed crude prices higher and revived global inflation concerns. All major sectors fell alongside broader Asian markets.
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Indian shares fell during Wednesday morning trading as United States-[Iran airstrikes drove Brent Crude Oil up 1% to $95.40 a barrel. The Nifty 50 dropped 0.89% to 23,841.40 and the BSE Sensex shed 0.79% to 76,333.20.
