Indian Shares End Choppy Session Modestly Lower

Indian shares ended a choppy session modestly lower on Thursday amid heightened U.S.-Iran tensions and Fed rate hike concerns.

The downside remained capped somewhat as oil prices fell in international markets despite the recent escalation of hostilities between the U.S. and Iran.

The rupee was a tad lower as fresh U.S.-Iran military clashes cast doubt on the prospects for a peace deal, and in-line U.S. inflation data kept Fed rate-hike expectations intact.