India, July 22 -- Indian shares opened lower on Wednesday, with uncertainty around U.S. trade policy and rising crude oil prices amid persistent tensions in the Middle East weighing on sentiment.
Brent crude futures climbed to a five-week high above $92 a barrel, raising worries about the potential impact on India's inflation outlook, import bill and corporate margins.
The benchmark 30-share Sensex was down 562 points, or 0.7 percent, at 76,908 in early trade, while the broader NSE Nifty index fell by 170 points, or 0.7 percent, to 24,017.
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