Indian Shares Open Higher As Oil Prices Tumble On Iran Deal Hopes

Indian shares opened higher as falling crude oil prices and improving hopes for a U.S.-Iran deal lifted sentiment across Asian markets. The easing in oil supported risk appetite by reducing inflation and rate concerns, while the benchmark Sensex and Nifty both gained about 0.7%. The article highlighted broad sector-specific moves: some firms rose despite weak earnings, while others fell after disappointing results or regulatory issues. The biggest market reaction was in ZEE Entertainment, which plunged after SEBI-related findings. Overall, the tone was constructive for Indian equities, with lower oil prices viewed as a macro tailwind for the market and potentially for India’s import bill and inflation outlook.