Indian shares were sharply lower in early trade on Thursday as Brent crude prices topped $120 a barrel on rising uncertainty over the war in the Middle East, fueling inflation and interest-rate concerns.
The benchmark BSE Sensex was down 978 points, or 1.3 percent, at 76,518 while the broader NSE Nifty index slumped by 326 points, or 1.3 percent, to 23,852.
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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.