MumbaiSensex opened 0.79% lower Thursday as Brent held near $102.5.
India imports most of its crude, so oil above $100 a barrel raises its import bill.
Brent gained 4% Wednesday after Iranian President Masoud Pezeshkian told the UN Tehran will never surrender to US pressure.
A senior Iranian official said diplomacy must continue, though Tehran and Washington remain divided over ending the war.
The National Stock Exchange lists on the BSE Thursday, with analysts expecting a 2-3% debut gain.
How each outlet framed it
- Hindustan Times
- links Iranian UN rhetoric to oil price impact ($100+ barrel) and Indian market effects (Sensex -0.79%)
Sources: Hindustan Times