Indian Shares End Lower As Oil Rebounds After Ship Attacks

Indian equities finished modestly lower on Friday, with heightened Middle East maritime tensions outweighing softer U.S. inflation data. The easing of concerns about the Fed’s rate path provided some support, but risk sentiment remained cautious, leaving the index slightly down.

Analysis

Indian equities finished modestly lower on Friday, with heightened Middle East maritime tensions outweighing softer U.S. inflation data. The easing of concerns about the Fed’s rate path provided some support, but risk sentiment remained cautious, leaving the index slightly down.