Indian Shares Open Lower On Mideast Concerns; IT Stocks Slump

Indian equities opened lower Tuesday as global bond yields rose amid concerns renewed energy-driven inflation could keep interest rates elevated. The yield move suggests a less supportive rate environment for risk assets, weighing on opening sentiment.

Analysis

Indian equities opened lower Tuesday as global bond yields rose amid concerns renewed energy-driven inflation could keep interest rates elevated. The yield move suggests a less supportive rate environment for risk assets, weighing on opening sentiment.