Indian Shares Open Lower On US-Iran Tensions; IT Stocks Among Worst Hit

Indian Shares Open Lower On US-Iran Tensions; IT Stocks Among Worst Hit

Indian shares were subdued in early trade on Monday after the U.S. and Iran exchanged attacks in the Strait of Hormuz, reviving concerns about disruption to Middle East supplies.

Indian shares fall amid Middle East tensions, US rate hike speculation

Geopolitical tensions and rate hike speculations may lead to market volatility, affecting global investment strategies and commodity valuations.

Indian Shares Open Lower Amid Middle East Tensions and US Rate-Hike Bets

Indian shares opened lower on Monday after recording four consecutive weekly declines, as escalating tensions in the Middle East and growing expectations of a U.S. interest rate hike in September weakened investor sentiment. The Nifty 50 fell 0.19% to 23,852.55, while the BSE Sensex declined 0.17% to 76,383.49 by 9:23 a.m. IST. IT stocks led […]