Indian shares recouped early losses to end little changed on Monday, with strong gains in information technology stocks helping limit the downside.
A cautious undertone prevailed as renewed U.S.-Iran hostilities in the Middle East and Iran’s claim to have closed the vital Strait of Hormuz sent crude oil prices soaring.
Brent crude prices were up about 2 percent in early European trade, after having surged more than 4 percent toward $80 a barrel earlier in Asian trade as the U.S. launched fresh strikes against Iran, and Tehran responded by attacking Gulf Arab states, including Bahrain, Kuwait, Qatar, Jordan and Oman, further straining a fragile ceasefire between the two countries.
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Market Analysis
Indian Shares Recoup Early Losses As IT Stocks Surge
2026-07-13 10:30:43
