BUZZ — Indian shares slide on oil spike; financials drag on insurance overhaul worries
* Benchmarks Nifty 50 and Sensex drop 1% each after oil rises above $103-a-barrel on renewed Mideast tensions O/R * Banks, private banks and financials fall 1.6%-2%, PB Fintech on course for its worst session on record, after proposed insurance commission caps * Thirteen of 16 major sectors decline; broader small-caps