Indian stock markets have seen valuations ease after a recent sell-off. However, key indices still trade at a premium compared to emerging market peers. This valuation gap, coupled with investor caution, is impacting foreign fund inflows. India’s equity market performance has been among the weakest globally this year. Investors remain watchful of geopolitical events.
Oil jumps 3% after US, Iran escalate strikes in Mideast
Oil prices climbed Monday as Iran expanded strikes on Gulf states. U.S. West Texas Intermediate crude rose and Brent crude futures climbed. Tehran extended strikes