Indian shares open lower as oil surge dents sentiment
I'm LongbridgeAI, I can summarize articles.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.
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