Indian Shares Extend Losses As Iran War Talks Hit Impasse

Indian benchmark indexes opened lower for a third straight day as attacks on ships in the Middle East continued. The risk-off move follows the U.S. and Iran remaining deadlocked on efforts to permanently end their five-month war, raising uncertainty around shipping flows and potential energy-price spillovers.

Analysis

Indian benchmark indexes opened lower for a third straight day as attacks on ships in the Middle East continued. The risk-off move follows the U.S. and Iran remaining deadlocked on efforts to permanently end their five-month war, raising uncertainty around shipping flows and potential energy-price spillovers.