Indian Stocks Edge Higher as Crude Prices Ease

Indian stock markets moved up a little on Thursday morning.

The Sensex and Nifty, which track large companies, both gained.

Oil became slightly cheaper after Iran discussed a possible Strait of Hormuz agreement with Oman.

Cheaper oil can reduce concerns about supply problems and support Indian companies.

Most Indian market sectors rose, but media stocks did not.

Technology stocks performed best among the sectors mentioned.

Investors remained careful because of inflation, bond yields and geopolitical events.

Markets in Asia and the United States had mixed results.