Indian shares edge lower as oil rises and investors await GDP cues

Indian equity benchmarks slipped in early Friday trade as rising crude prices and caution ahead of the latest GDP data weighed on sentiment. According to Moneycontrol, the Sensex fell over 300 points intraday while the Nifty hovered just above 26,000. Analysts said FII outflows continued as the rupee weakened, while domestic institutions cushioned the decline. Broader market activity remained mixed, with auto and financial stocks facing pressure after a strong multi-week rally.