Indian Shares End Choppy Session Slightly Higher

Indian shares fluctuated before ending slightly higher on Wednesday as investors reacted to a spate of positive newsflow linked to the ongoing U.S.-Iran conflict, which has now entered its 12th week and effectively kept the strategic Strait of Hormuz closed to shipping traffic.

The dollar steadied near a six-week high and crude oil prices fell nearly 2 percent after U.S. President Donald Trump said that Iran wanted to make a deal “so badly”, asserting that the ongoing conflict would end “very quickly.”