Indian shares join global relief rally on Trump’s Iran comments

Indian shares rose after falling to near one-year lows as crude prices eased following Trump’s Iran comments.

Source: Reuters (via feed)




Indian shares settled higher on Tuesday, rising from their lowest levels in nearly a year. The gains followed an easing of crude oil prices. The price easing came during a relief rally prompted by comments from U.S. President Donald Trump. Market participants associated the rally with those comments related to Iran. The increase in Indian shares was part of this market movement.

BizTrendWire Insight:

Indian shares rose in connection with easing crude oil prices. These moves coincided with comments from the U.S. President on Iran.


Read full story on Reuters

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