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Indian Shares Extend Losses For Fourth Day On US-Iran Tensions

Energy Markets & PricesGeopolitics & WarInflationCurrency & FXEmerging Markets

Indian shares opened lower as oil prices kept surging amid escalating Middle East tensions, raising fears of tighter global energy supply and spillovers to inflation and the current account deficit. The news points to near-term macro headwinds for emerging-market risk and FX sensitivity tied to higher energy costs.

Analysis

Indian shares opened lower as oil prices kept surging amid escalating Middle East tensions, raising fears of tighter global energy supply and spillovers to inflation and the current account deficit. The news points to near-term macro headwinds for emerging-market risk and FX sensitivity tied to higher energy costs.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25