Indian Shares Extend Losses For Second Day

Indian shares declined for a second straight session as investors weighed the Federal Reserve’s rate path and held for clarity on an Iran–Oman revenue-sharing deal tied to the Strait of Hormuz. The focus on Fed policy implies higher-for-longer rate uncertainty, while the Hormuz negotiations add geopolitical risk to shipping-linked trade expectations. Net impact is a cautious, risk-aware tape rather than a single company-specific catalyst.