Indian Shares Seen Lower As Oil Prices, Yields Rise On Mideast Concerns

Indian equities are expected to open sluggishly on Tuesday as oil prices continue rising amid uncertainty over reopening the Strait of Hormuz and prospects for resolving the U.S.-Iran conflict. The lack of a diplomatic breakthrough keeps energy-supply risk elevated, weighing on market sentiment.

Analysis

Indian equities are expected to open sluggishly on Tuesday as oil prices continue rising amid uncertainty over reopening the Strait of Hormuz and prospects for resolving the U.S.-Iran conflict. The lack of a diplomatic breakthrough keeps energy-supply risk elevated, weighing on market sentiment.