Indian shares seen muted on caution over Trump's Iran threat; banks in focus
Published on April 6, 2026.
Indian shares are expected to open little changed on Monday, largely due to concerns over an escalation in the Iran war. U.S. President Donald Trump has threatened "hell" if Iran fails to reopen the Strait of Hormuz, a vital conduit for global oil and natural gas supplies. Brent crude prices also rose to over $110 a barrel. Meanwhile, several lenders reported steady loan growth for private banks and increased demand for working capital.
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