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Indian Shares Decline On Inflation, Rate Worries

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Indian Shares Decline On Inflation, Rate Worries

(RTTNews) – Indian shares were sharply lower in early trade on Monday as Middle East tensions persisted, and upbeat U.S. jobs data stoked inflation and interest rate worries. The benchmark BSE Sensex tumbled 527 points, or 0.7 percent, to 73,714 while the broader NSE Nifty index was down 167 points, or 0.7 percent, at 23,199. Among the prominent decliners, Bajaj…

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