Nifty 50 Slides 0.8% on Oil Spike

Indian equities opened lower as Nifty 50 fell about 0.76% and Sensex dropped roughly 0.94% amid rising oil prices.
Infosys led losses, falling ~3.5%, while Tata Consumer (+1.4%), ITC (+1%) and Bharti Airtel (+0.8%) were top gainers.
Gold futures hovered near $4,734, WTI crude at $98.94 and Brent at $104 per barrel, reflecting ongoing geopolitical supply concerns.
Traders await US CPI data and monitor USD/INR record lows, with the Nifty 50 support level eyed at 23,650 amid volatility.