Indian Shares Tumble; IT Stocks Lead Losses As HCL Tech Guidance Disappoints

Indian shares opened lower as elevated crude oil prices pressured risk sentiment after the next round of U.S.-Iran talks was postponed and President Trump extended the ceasefire indefinitely. The move raises concerns about sustained energy-cost inflation and the potential drag on import-sensitive emerging markets like India.

Analysis

Indian shares opened lower as elevated crude oil prices pressured risk sentiment after the next round of U.S.-Iran talks was postponed and President Trump extended the ceasefire indefinitely. The move raises concerns about sustained energy-cost inflation and the potential drag on import-sensitive emerging markets like India.