Indian shares open higher on US-Iran peace deal hopes, lower oil
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Indian shares opened higher on Thursday, buoyed by hopes of a U.S.-Iran peace deal that lowered oil prices. The Nifty 50 rose 0.60% to 24,375.55, while the Sensex increased by 0.64% to 78,613.37. All major sectors advanced, with small-caps and mid-caps up 1.1%. Asian markets also saw gains, rising 1.2%. Brent crude fell below $95 as reports emerged of Iran potentially allowing ships to pass through the Strait of Hormuz, easing supply disruption concerns. U.S. President Trump indicated further easing of Middle East tensions with upcoming talks between Israel and Lebanon.
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