Indian stocks drop to three-month low as oil surges
Indian shares fell for a third straight session to a three-month low as Brent crude surpassed 100 dollars following escalating Middle East conflicts. The Nifty 50 and BSE Sensex declined amid renewed inflation worries.
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India shares fell for a third consecutive session on Wednesday afternoon to a three-month low as Brent Crude Oil surged past $100 a barrel. The Nifty 50 lost 0.86% to 23,431.50 and the BSE Sensex dropped 1.08% to 74,764.23.
