Indian Shares Extend Gains On Easing War Fears

Indian shares rose sharply on Wednesday, extending the previous session’s rally on expectations of a de-escalation in the U.S.-Iran conflict.

Global bond yields eased, the dollar index dipped on improved risk sentiment, and oil prices plunged more than 5 percent after U.S. President Donald Trump said the U.S. and Iran were “in negotiations right now” and they “want to make a deal so badly”.