India, July 20 -- France's equity benchmark CAC 40 moved higher in cautious trade on Monday as investors followed Middle East news and looked ahead to the European Central Bank's monetary policy meeting this week for directional clues.

The market's upside was just modest due to escalating tensions in the Middle East with the U.S. continuing its strikes against Iran and Tehran responding by attacking targets across the Gulf region. Oil's retreat from early upmove aided sentiment a bit.

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