Indian shares fall as oil prices drive inflation worries
Indian shares declined on Thursday as escalating conflict kept oil prices above $110 per barrel, heightening inflation concerns. The Nifty 50 and Sensex both fell broadly across most major sectors amid cautious trading.
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India shares fell on Thursday morning, extending losses as crude stayed above $110 per barrel and stoked inflation concerns. The benchmark Nifty 50 dropped 0.73% to 22,647.90, while the Sensex shed 0.49% to 73,343.98. Fifteen of the 16 major sectors logged losses in morning trade.
