(Reuters) - Indian shares closed higher on Tuesday as crude prices slipped from their peaks, while investors remained cautious of any fresh escalation in U.S.-Iran standoff.
“We do not have much clarity again from U.S.-Iran issues, there is still uncertainty staying as a cloud,” said Anand James, chief market strategist at Geojit Financial Services.
HDFC Bank Ltd (HDBK.NS) closed up 1.58% higher. The lender had reported a 25% rise to 10.68 trillion rupees ($13.92 billion)in deposits for the quarter on Monday.
The Nifty Bank index closed 0.52% higher.
Reporting by Philip George in Bengaluru; Editing by Rashmi Aich