Indian Shares Extend Losses Amid Broad-based Sell-off

Indian shares fell sharply on Thursday, extending steep losses from the prior session as rising crude oil prices and stalled U.S.-Iran peace talks pressured risk sentiment. Rupee weakness, linked to the RBI's partial rollback of earlier curbs on derivative trades, added to the selloff. The combination of higher energy costs, geopolitical तनाव, and FX pressure points to broader market-wide risk aversion.

Analysis

Indian shares fell sharply on Thursday, extending steep losses from the prior session as rising crude oil prices and stalled U.S.-Iran peace talks pressured risk sentiment. Rupee weakness, linked to the RBI's partial rollback of earlier curbs on derivative trades, added to the selloff. The combination of higher energy costs, geopolitical तनाव, and FX pressure points to broader market-wide risk aversion.