Global crude oil prices remained under pressure after fresh geopolitical developments increased concerns regarding supply disruptions and shipping security.
The Indian rupee traded within a narrow range against the US dollar despite elevated crude oil prices and ongoing geopolitical uncertainty. Strong foreign exchange reserves helped limit excessive volatility.
Indian benchmark indices BSE Sensex and Nifty 50 are expected to remain volatile after fresh geopolitical tensions between the US and Iran triggered weakness across global markets.
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