Indian shares ended sharply higher on Monday after a volatile session. Markets were subdued for most of the day as the ongoing U.S.-Iran war entered its third week and Brent crude prices hovered near $105 a barrel following a U.S. attack on Kharg Island, Iran’s most important oil export terminal in the Persian Gulf, over the weekend.
Iran threatened escalation across the Middle East, with a drone strike already targeting an oil industry zone near the Port of Fujairah in the United Arab Emirates.
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Market Analysis
Indian Shares End Sharply Higher After A Late Rally
2026-03-16 10:24:54
