Indian Shares Modestly Higher; IT Stocks Lead Gains

Indian shares edged higher after reports that the U.S. and Iran agreed to extend their ceasefire by 60 days and resume unrestricted shipments through the Strait of Hormuz. The headline reduces near-term geopolitical risk to energy flows and broader risk assets. The move appears constructive for sentiment, but the article provides no evidence of a major fundamental shift yet.

Analysis

Indian shares edged higher after reports that the U.S. and Iran agreed to extend their ceasefire by 60 days and resume unrestricted shipments through the Strait of Hormuz. The headline reduces near-term geopolitical risk to energy flows and broader risk assets. The move appears constructive for sentiment, but the article provides no evidence of a major fundamental shift yet.