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Indian shares slide as oil nears $100; Nifty volatile

Indian shares extended losses Tuesday as oil surged toward $100 a barrel on escalating Middle East tensions. Elevated volatility deepened declines in the Nifty during the closing auction for the weekly expiry of derivative contracts.

NIFTYSENSEX

Indian shares extended losses on Tuesday as oil moved toward $100 a barrel amid rising Middle East tensions, while elevated volatility widened declines in the Nifty during the closing auction for the weekly expiry of derivative contracts.