Indian Shares To Open On Cautious Note Amid AI Chip Selloff

Indian shares are seen opening on a cautious note on Tuesday, tracking weak cues from global markets.

That said, a continued sell-off in oil prices amid ongoing U.S.-Iran peace talks as well as mounting doubts over returns from billions of dollars of artificial-intelligence spending may help underpin investor sentiment as the session progresses.

Brent crude futures fell below $88 a barrel, marking a third consecutive session of losses after U.S. President Donald Trump told Axios that he chose to suspend strikes on Iran in order to give negotiations another chance, stressing that he could order a return to expanded military operations if diplomacy fails.