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Indian benchmark indices opened lower, with both Nifty 50 and Sensex declining in early trade. The NSE Nifty 50 fell 0.6% to 23,081. The BSE Sensex dropped 0.63% or 464 points to 73,518.75. Infosys and HDFC Bank were among the top losers at the open.
Meanwhile, oil prices rose on Thursday after the US launched another round of military strikes against Iran, raising concerns over prolonged disruption to energy supplies. WTI July futures rose 2.94% to $92.68 per barrel. Brent August futures gained 2.52% to $95.45 per barrel.
Elsewhere, Asian equities opened lower on Thursday. South Korea’s Kospi fell 4.1% in early trade, while Japan’s Nikkei 225 declined 2.3%. Australia’s S&P/ASX 200 slipped 0.97%. US equity futures also traded lower, with S&P 500 futures down 0.4% and Nasdaq 100 futures lower by 0.6%.