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Indian shares hit by worries over elevated crude prices
- By Reuters |
- bigstories
BENGALURU - Indian shares fell sharply in the closing hours of trade on Tuesday as investors feared a further rise in crude prices following an attack on Saudi Arabian crude oil facilities. The broader NSE Nifty closed down 1.69% at 10,817.6, while the benchmark BSE Sensex dropped 1.73% to a near one-month closing low of 36,481.09. The rupee slipped further, and was weaker by 0.4% at 71.88 against the dollar by 1027 GMT. Oil prices slipped on Tuesday, but investors were wary due to the threat of a military response...
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Will Rupee breach 72.50 mark in near term?
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