Shares dive as oil prices surge; Nifty falls most in four months
Shares dive as oil prices surge; Nifty falls most in four months 1BENGALURU (Reuters) – Indian shares fell on Monday as escalating U.S.-Iran tensions spiked crude, pulling the rupee lower and stoking fears of a higher import bill for the world’s third biggest oil consumer. The NSE Nifty 50 index fell just over 2%, recording its worst intraday fall since Sept. 3 and hitting its lowest in nearly four weeks.
News story posted on 2020-01-06T13:54:00.0000000Z