Summary · why it matters
Indian shares extended losses for a fourth straight session on Thursday, with the benchmark BSE Sensex dipping 153 points, or 0.2 percent, to 76,601 and the broader NSE Nifty index down 35 points, or 0.2 percent, at 23,960, as oil prices continued to surge amid escalating tensions in the Middle East, raising concerns over global energy supplies, inflation, and the current account deficit. Infosys fell about 1 percent ahead of its earnings results due later in the day. IndusInd Bank slumped 6 percent despite reporting a 47 percent jump in first-quarter standalone net profit on lower provisions. Adani Green Energy tumbled 4.3 percent after guiding for a massive Rs. 42,000 crore capex in fiscal 2027. Dr Reddy's Laboratories fell 2.8 percent after quarterly profit tumbled 69 percent year-on-year. HPCL declined 2.7 percent after reporting a consolidated net loss of Rs 12,264.67 crore for the June quarter. BPCL was little changed despite reporting a standalone net loss of Rs. 3,962 crore for the first quarter. Eternal advanced 1.7 percent after quarterly profit soared nearly four-fold.