{
  "id": 5230741,
  "title": "Indian shares likely to rebound after three-day slide; oil and West Asia risks cap gains",
  "url": "https://urgent.news/2026/09/03/indian-shares-likely-to-rebound-after-three-day-slide-oil-and-west",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T02:54:27.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/indian-shares-likely-to-rebound-after-three-day-slide-oil-and-west-asia-risks-cap-gains/article71422208.ece"
  },
  "original_language": "en",
  "account": "Indian shares are poised for a partial recovery on Thursday, as they have slipped for three straight days. However, the bounce back may be limited by high oil prices and renewed tensions in the West Asia region. The GIFT Nifty futures opened at 24,094 points on Thursday, signaling a hopeful start for the Nifty 50 index, which closed at 23,914.45 the previous day. Over the past three trading sessions, both the Nifty and Sensex have dropped by approximately 1 percent each, driven by rising crude prices and a surge in global bond yields as investors reconsider the trajectory of interest rates staying elevated for an extended period. Ajit Mishra, senior vice president of research at Religare Broking, noted that despite the investor sentiment deteriorating following the escalating West Asia tensions, the sharp decline has brought the benchmarks near downside targets, with the Nifty likely to encounter resistance around the 24,000 level. Although Brent crude prices remained stable on Thursday, trading around $96 per barrel, markets are closely monitoring the potential impact of renewed hostilities on energy supplies. High oil prices pose a significant challenge for India, a major crude importer, as they can exacerbate inflation and strain the current account. Other Asian markets also opened higher ahead of the eagerly awaited US payrolls report, which could shed light on the future direction of interest rates. Notably, Hexaware, an IT services firm, appointed Vivek Jetley, a senior executive from Nasdaq-listed EXL, as its new CEO. Additionally, MSCI has decided to remove Swiggy from its Global Standard and Mid Cap indexes starting September 7. Inox Wind has secured a repeat turnkey order from Indian Oil Corporation, worth ₹755 crore.",
  "summary": "GIFT Nifty signals higher Nifty open; FIIs buy ₹6,688 crore, DIIs ₹2,813 crore",
  "key_points": [
    "Indian shares rebound after three-day slide",
    "Nifty futures open at 24,094 points",
    "High oil prices and West Asia risks limit gains"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}