The Indian benchmark indices traded lower on Monday amid rising crude oil prices and fading hopes of a US-Iran peace deal to end the West Asia conflict.

India’s banking sector continued to maintain strong lending momentum, with bank credit growth accelerating to 16 per cent year-on-year in the fortnight ended April 30.

Global food prices rose in April to their highest level in more than three years, driven largely by a sharp increase in vegetable oil prices amid the ongoing Iran conflict.

Biocon Limited on Friday reported a 5 per cent rise in consolidated net profit to Rs 126 crore for the fourth quarter ended March 2026.

The proposed India-European Union FTA is expected to cover nearly one-third of global trade and impact around 2 billion people making it one of the world’s largest trade pacts.

The domestic share market ended on a weak note on Friday amid renewed geopolitical tensions following reported clashes between Iran and the United States.