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Market Impact: 0.6

Indian Shares Extend Slump As Crude Oil Nears $106 On Supply Concerns

INFY
Geopolitics & WarEnergy Markets & PricesCorporate Guidance & OutlookCorporate EarningsEmerging MarketsMarket Technicals & Flows

Indian shares opened lower and extended losses for a third straight session as surging oil prices and rising U.S.-Iran tensions pressured risk appetite. Infosys also weighed on sentiment after issuing a weak revenue forecast, adding a company-specific headwind to broader market weakness.

Analysis

Indian shares opened lower and extended losses for a third straight session as surging oil prices and rising U.S.-Iran tensions pressured risk appetite. Infosys also weighed on sentiment after issuing a weak revenue forecast, adding a company-specific headwind to broader market weakness.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.45

Ticker Sentiment

INFY-0.45