India, July 27 -- Indian shares were sharply higher in early trade on Monday after the United States and Iran paused strikes against each other for a second day, helping ease concerns over a broader conflict and supply disruptions in the Middle East.
Brent crude futures slumped more than 6 percent toward $92 a barrel as efforts continued to bring the United States and Iran back to negotiations.
The benchmark 30-share BSE Sensex was up 532 points, or 0.7 percent, at 76,592 while the broader NSE Nifty index edged up by 150 points, or 0.6 percent, to 23,913.
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