Indian shares traded lower on Thursday as optimism surrounding the U.S.-Iran ceasefire waned.
Tehran claimed that three clauses of the ceasefire proposal have been contravened. These include the denial of the Islamic Republic's right to enrich uranium, Israel's continued attacks on Lebanon and a drone's entry into Iranian airspace.
Amid a sharp escalation in violence, U.S. Vice President has clarified that the ceasefire agreement did not include Lebanon, calling the confusion a "misunderstanding" by Iranian negotiators.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.