Indian equity benchmarks staged a strong recovery, with the Sensex gaining more than 500 points and the Nifty reclaiming the 24,200 level.

Crude oil prices continued trading above US$85 per barrel as tensions surrounding the Strait of Hormuz kept global energy markets on edge.

With geopolitical concerns largely reflected in market prices, investor attention is now shifting toward the June-quarter earnings season.

Indian benchmark indices are expected to witness a muted opening as easing U.S. inflation has improved global risk sentiment.

The Indian rupee weakened to its lowest level in nearly eight weeks as surging crude oil prices and renewed geopolitical tensions weighed on investor sentiment.

Brent crude oil climbed above US$85 per barrel after fresh military exchanges between the United States and Iran intensified concerns over global energy supplies.

Indian equity markets are expected to trade cautiously as investors await key inflation data from India and the United States.

Crude oil prices remained firm as geopolitical tensions in the Middle East continued to raise concerns over global energy supplies.

Growing geopolitical tensions across Europe and the Middle East have encouraged several countries to increase defence spending and modernise military capabilities.

Indian benchmark indices witnessed a sharp decline as escalating tensions in the Middle East triggered broad-based selling across global equity markets.