Indian Shares Reverse Course To End Higher

Indian shares reversed an early slide to end modestly higher on Tuesday as U.S. Treasury yields eased from recent highs following reports that the Treasury could use its near $1 trillion General Account to help fund its recently announced bond buyback program.

Investors also took comfort in a softer-than-feared U.S. sanctions package against Iran that warned all countries to stop doing business with Iran or face secondary sanctions.