{
  "id": 5232848,
  "title": "Indian shares likely to rebound after recent slide; higher oil prices to cap upside",
  "url": "https://urgent.news/2026/09/03/indian-shares-likely-to-rebound-after-recent-slide-higher-oil-prices",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-03T03:01:38.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40437726/indian-shares-likely-to-rebound-after-recent-slide-higher-oil-prices-to-cap-upside"
  },
  "original_language": "en",
  "account": "Indian equities are poised for a partial rebound as markets open on Thursday, following three days of declines. However, the recovery may be limited due to rising oil prices and renewed Middle East tensions. As of 8:00 a.m. IST, Nifty futures were trading at 24,094 points, suggesting a positive opening for the Nifty 50 index, which ended Wednesday at 23,914.45. Over the past three sessions, both the Nifty and Sensex have slipped by around 1%, driven by surging crude prices and a rise in global bond yields due to investors questioning the likelihood of sustained higher interest rates.\n\n\"Ajit Mishra, senior vice president of research at Religare Broking, noted that while the recent deterioration in investor sentiment following heightened Middle East tensions has further pushed the benchmarks toward downside targets, the sharp decline has brought the indices closer to resistance levels around 24,000,\" he stated.\n\nDespite a slight dip in Brent crude, events in the Middle East remain a concern, with hopes of easing hostilities buoying the market. However, the oil price remains elevated at $96 per barrel, prompting market assessments of the potential impact on energy supplies. India, as a significant crude importer, faces particular challenges as high oil prices can exacerbate inflation and stress the current account.\n\nAsian markets opened on a bullish note ahead of the eagerly awaited US payrolls report, which could shape future interest rate policy decisions. Meanwhile, comments from John Williams, President of the Federal Reserve Bank of New York, offered a more cautious outlook on rate hikes for this month. On Wednesday, foreign institutional investors contributed 66.88 billion rupees to Indian markets, while domestic institutional investors added 28.13 billion rupees in purchases, according to NSE's preliminary figures.",
  "summary": "Indian shares are likely to stage a partial rebound at the open on Thursday , after three consecutive sessions of losses, though the recovery is likely to remain fragile due to elevated oil prices and renewed Middle East tensions. GIFT Nifty futures were at 24,094 points as of 8:00 a.m. IST, indicating a positive start for the Nifty 50 index, which closed at 23,914.45 on Wednesday. The Nifty and…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "Inox Wind shares rise 2% after bagging Rs 755 crore turnkey order from Indian Oil",
        "url": "https://urgent.news/2026/09/03/inox-wind-shares-rise-2-after-bagging-rs-755-crore-turnkey-order-from",
        "published": "2026-09-03T04:59:37.000Z"
      }
    ]
  },
  "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."
}