Indian Shares Open Lower as Oil Surge and Inflation Jitters Weigh
The Nifty 50 was down 0.35% at 25,209.85, while the Sensex also opened lower. Crude prices and inflationary pressures weighed on sentiment, offsetting support from foreign institutional inflows.
Indian equity benchmarks opened lower on Friday, consolidating after recent gains, as elevated crude prices and inflationary pressures weighed on sentiment, countering the support from sustained foreign institutional inflows.The Nifty 50 NSE:NIFTY was down 0.35% at 25,209.85 and the Sensex BSE:SENS…