---
title: "Indian shares open lower as oil surge dents sentiment"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284692080.md"
description: "Indian shares opened lower on April 30, with the Nifty 50 down 1.16% at 23,898.70 and the BSE Sensex down 1.17% at 76,578.87. The decline was attributed to a surge in oil prices, which negatively impacted market sentiment, overshadowing gains from quarterly earnings. All major sectors experienced losses, with small-caps and mid-caps falling 0.7% and 1.2%, respectively."
datetime: "2026-04-30T04:21:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284692080.md)
  - [en](https://longbridge.com/en/news/284692080.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284692080.md)
---

# Indian shares open lower as oil surge dents sentiment

April 30 (Reuters) - Indian shares opened lower on Thursday as a surge in oil prices weighed on market sentiment, overshadowing stock-specific gains driven by quarterly earnings. The Nifty 50 fell 1.16% at 23,898.70 and the BSE Sensex shed 1.17% to 76,578.87 as of 9:23 a.m. IST. All 16 major sectors logged losses. The broader small-caps and mid-caps lost 0.7% and 1.2%, respectively. Brent crude

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