Indian shares tumbled on Thursday to extend steep losses from the previous session, with rising crude oil prices amid stalled U.S.-Iran peace talks, and rupee weakness linked to the RBI's partial rollback of earlier curbs on derivative trades weighing on markets.
The dollar wobbled near a 1-1/2-week high and Brent crude prices extended gains for the fourth straight session to surge toward $104 a barrel, reigniting worries about inflation, interest rates and economic growth.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.