Indian shares set for weak start as oil-led selling grips Asian markets

Source: Reuters (via feed)




Indian shares are poised for a sharply weaker open on Monday. This follows a broad risk-off move across Asian markets. The move is linked to escalating U.S.-Iran tensions. These tensions have kept oil prices elevated. Elevated oil prices have deepened concerns over growth and earnings outlook.

BizTrendWire Insight:

Rising U.S.-Iran tensions have contributed to elevated oil prices and a broad risk-off trend in Asian markets.


Read full story on Reuters

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