India shares close lower as oil prices climb
(Il Sole 24 Ore Radiocor) - Milano, 23 apr - Indian share prices closed lower as investor sentiment was dampened by a sharp jump in crude oil prices back above 100 dollars per barrel, which fueled inflation fears.
Markets were further pressured by escalating tensions between the US and Iran, a sliding rupee and continued selling by foreign institutional investors.
Losses were led by auto and financial stocks.
The BSE Sensex fell 1.08% to close at 77,664.00 points while.
the NSE Nifty shed 0.84% to reach 24,173.05 points.
(RADIOCOR) 23-04-26 12:22:53 (0383) 5 NNNN