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Indian Shares Rally After Trump's Remarks About Iran; IT Stocks Lead

Source: Nasdaq

Geopolitics & WarEnergy Markets & PricesEmerging Markets

Indian shares were notably higher in early Friday trading after U.S. President Donald Trump ruled out attacking Iran before the November 3 U.S. midterm elections. Trump said record volumes of crude were passing through the Strait of Hormuz; the article gave no share-market gains or crude-volume figures.

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