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Indian Shares Slip at Open as Oil Tops $110

The Nifty 50 fell 0.54% to 22,687.75 as oil above $110 per barrel stoked inflation concerns amid the escalating Middle East war.

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Indian shares opened lower on Thursday, extending losses from the previous two sessions, as an escalating Middle East war kept oil above $110 per barrel, stoking inflation concerns for the world's third-largest importer of crude.The benchmark Nifty 50 NSE:NIFTY fell 0.54% to 22,687.75, and the Sens…