India, Oct. 26 -- The U.K. stock market gained moderate ground in positive territory on Monday, supported by gains in bank, mining and technology stocks.

Slightly easing concerns about inflation amid a notable drop in oil prices helped underpin sentiment.

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Brent crude front-month futures slipped to $109.22 a barrel before recovering to around $109.90, still down as much as 1.6% from previous close.

Oil prices fell sharply amid reports of diplomatic efforts to reduce tensions in West Asia. A Qatari delegation arrived in Tehran on Sunday as part of renewed diplomatic efforts to de-escalate reginal tensions in coordination with the United States.

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