Asian shares rise, oil slips as Trump holds off on fresh Iran strikes

Brent slipped 2.7% to around $109 a barrel. Treasuries slipped slightly. Shares in Japan and Australia witnessed gains.

Brent slipped 2.7% to around $109 a barrel. Treasuries slipped slightly. Shares in Japan and Australia witnessed gains.

Brent declined below $110 a barrel after rising 2.6% in the previous session. West Texas Intermediate for July was under $103 a barrel.

India-focused offshore funds see sharpest outflows since Covid era, Morningstar report cites high valuations, global risks and market correction as key drivers.

Barring a minor recovery on Wall Street, the market has not read much into the post by US President Donald Trump. Crude Oil prices are marginally lower on Tuesday, though they continue to remain at elevated levels.

US authorities dropped criminal charges against Gautam Adani, putting Adani Group stocks in focus as several key firms have delivered strong gains this year.

The proposed relaxation will apply only to institutional investors, while the requirement to maintain all records, including call recordings, will continue for retail clients, Sebi suggested.

Shares of Puravankara Ltd ended at ₹214.25, up by ₹0.65, or 0.30%, on the BSE.

Shares of Indian Oil Corporation Ltd ended at ₹131.85, down by ₹2.70, or 2.01%, on the BSE.

Shares of Lupin Ltd ended at ₹2,248.00, down by ₹25.90, or 1.14%, on the BSE.

Shares of Zee Media Corporation Ltd ended at ₹7.76, down by ₹0.19, or 2.39%, on the BSE.