Indian Shares Fall as Rising Crude Prices Outweigh IT Gains
Indian shares extended losses for a fourth session on Friday as rising oil prices linked to Middle East tensions outweighed gains in IT stocks. The Nifty 50 fell 0.70% to 22,529.15.
By Bharath RajeswaranIndian shares gave up early gains on Friday to extend losses into a fourth session, as surging oil prices on Middle East tensions outweighed gains in IT stocks, which rose after a global selloff in AI-linked shares.The benchmark Nifty 50 NSE:NIFTY fell 0.70% to 22,529.15, and t…