Indian Shares Seen Lower As Oil Prices, Yields Rise On Mideast Concerns

Indian shares are expected to open weaker as higher Brent crude prices and rising global bond yields fuel renewed inflation and interest-rate concerns tied to Middle East tensions. The article highlights that uncertainty around the Strait of Hormuz, attacks on oil tankers, and stalled U.S.-Iran diplomacy have pushed Brent above $91 a barrel, weighing on risk assets globally. Indian equities already fell on Monday, with IT stocks leading declines, while the rupee hit a two-week low as foreign investors sold heavily. Broader markets were also under pressure: U.S. stocks and European equities declined, and the 30-year U.S. Treasury yield rose to its highest since 2007. The setup points to continued caution in Indian markets, especially for sectors sensitive to fuel costs, imported inflation, and tighter financial conditions.