Indian Shares Marginally Higher In Lackluster Trade

Indian equities struggled for direction in early trade as long-term U.S. Treasury yields resumed their climb and oil stayed elevated near one-month highs. The move was also linked to the ongoing Washington–Tehran standoff over control of the Strait of Hormuz, keeping geopolitical and energy risks bid. Overall, the macro headwinds are weighing on near-term risk appetite.

Analysis

Indian equities struggled for direction in early trade as long-term U.S. Treasury yields resumed their climb and oil stayed elevated near one-month highs. The move was also linked to the ongoing Washington–Tehran standoff over control of the Strait of Hormuz, keeping geopolitical and energy risks bid. Overall, the macro headwinds are weighing on near-term risk appetite.