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Indian shares inch higher to close at 8-month high as crude oil drops
Indian share benchmarks inched higher to close at their highest levels in over eight months on Monday, as they showed signs of consolidation after last week’s rally fuelled by falling crude prices and optimism over foreign inflows. Brent crude futures fell 1% to about $97 per barrel, after US President Donald Trump said he was highly unlikely to order fresh attacks on Iran while talks to end the conflict progress. The Nifty 50 rose 0.23% to 25,044.65 and Sensex added 0.13% to 81,106.65, respectively. This was their highest close since February 27, 2026. Markets will be closed for Diwali on Tue...
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