Indian Shares Flat on Growth Data and Middle East Jitters
Indian shares opened little changed on Tuesday as robust domestic growth data countered rising crude oil prices driven by Middle East geopolitical tensions. The Nifty 50 dipped slightly while broader markets saw mixed sectoral results.
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India shares opened little changed on Tuesday as stronger-than-domestic growth data offset worries from rising crude oil prices. The Nifty 50 fell 0.17% to 24,039.75 and the BSE Sensex shed 0.1% to 76,884.91 during Tuesday morning trading. The cautious open reflects a tug-of-war between robust macroeconomic fundamentals and mounting geopolitical risks.
