Indian shares declined on Wednesday as Bajaj Finance led a slide in financials after disappointing results and due to nagging concerns about elevated oil prices and U.S. interest rates as well as the Middle East conflict.

Dear Trader – Led by the downfall in banking stocks over margin worries, Sensex on Wednesday plunged 550 points. Besides HDFC Bank, the downfall in Bajaj twins and RIL also contributed to the fall.Nagging concerns about elevated oil prices and US interest rates as well as the Middle East conflict