Indian shares ended a choppy session modestly lower on Thursday amid heightened U.S.-Iran tensions and Fed rate hike concerns.
The downside remained capped somewhat as oil prices fell in international markets despite the recent escalation of hostilities between the U.S. and Iran.
The rupee was a tad lower as fresh U.S.-Iran military clashes cast doubt on the prospects for a peace deal, and in-line U.S. inflation data kept Fed rate-hike expectations intact.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.