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Asian Market Commentary

Indian Shares Extend Slump As Crude Oil Nears $106 On Supply Concerns

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Indian shares opened lower on Friday, extending losses for a third straight session as oil prices extended their surge on rising U.S.-Iran tensions and Infosys issued a weak revenue forecast.

Brent crude prices climbed toward $106 barrel, extending gains for a fifth consecutive session amid signs of escalating tensions in the Middle East.

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Market Analysis

Global Economics Weekly Update: April 20 – April 24, 2026

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.