Indian Stocks Slide as Oil, US Yields Squeeze Markets

Indian shares fell for a seventh straight week as Brent crude neared $110 a barrel and US 10-year bond yields topped 5%, triggering foreign outflows of about $30 billion this year. The Sensex dropped 1.52% and Nifty 50 lost 1.56% on Monday, with the Nifty down 12% from its September 2024 peak. Analysts warn costly oil and a weak rupee threaten inflation and growth.