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Indian shares set to open lower as oil jumps on Iran conflict

Indian shares are expected to open lower Wednesday in line with global markets, after oil prices surged to a near-six-week high following U.S.-Iran strikes overnight and renewed inflation concerns.

NIFTYSENSEX

Indian shares will open lower on Wednesday, in line with global markets, as oil prices surged to a near-six-week high after the U.S. and Iran exchanged strikes overnight, intensifying the Middle East conflict and renewing concerns over inflation.GIFT Nifty futures (GIFc1) were at 24,033.5 points as…