Indian Shares Set for Flat Start Amid New Iran Strikes
Indian benchmark indexes are expected to open near previous levels as GIFT Nifty futures trade steady at 24,035. Fresh U.S. defensive strikes in southern Iran have tempered investor optimism regarding a potential peace deal, while Brent crude prices climbed above 98 dollars per barrel.
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India equity benchmarks will likely open flat on Tuesday as GIFT Nifty futures held at 24,035 in the early morning. It follows new United States strikes against targets in Iran during talks to end the three-month-old war. Renewed geopolitical tension threatens to disrupt energy prices for the world's third-largest crude importer.
