Stock Market News Highlights: Nifty, Sensex End Volatile Session With Minor Gains; TCS, Infosys Top Gainers
Nifty Metal fell 1.13%, followed by Nifty Financial Services at 1.03% and Nifty Consumption at 0.98%. Nifty IT gained 0.53%, while Nifty Pharma rose 0.13%.
Indian equity benchmarks extended gains for the third consecutive trading session, led by the gains in information technology stocks such as TCS and Infosys. The benchmark indices, which slumped at the open, recovered later in the day to close with minor gains. The Nifty 50 ended 0.02% higher at 24,211, while the Sensex gained 0.06% to close at 77,616.40. Earlier, the Nifty fell as much as 0.9% to 24,000.20, while the Sensex declined as much as 712 points to 76,857.
The decline in the benchmark indices earlier in the day came after the latest escalation comes after Iran targeted U.S. facilities in several Gulf countries and declared the Strait of Hormuz closed. U.S. President Donald Trump dismissed the claim on Sunday, saying commercial shipping continued through the strategic waterway. The developments followed U.S. airstrikes ordered by Trump on Saturday in response to an Iranian attack on a commercial vessel transiting the strait.
The conflict continued into Sunday, with U.S. Central Command confirming additional strikes on Iranian targets. The military said the operation aimed to reduce Iran's ability to launch attacks on commercial and civilian vessels using the Strait of Hormuz.
Oil rises, global markets turn cautious
Oil prices climbed as investors assessed the risk of supply disruptions. Brent crude rose more than 3% to about $78.50 a barrel amid renewed concerns over the security of one of the world's key oil shipping routes.
The tensions also affected global bond markets. Yields on U.S. Treasuries moved higher across the curve, with the benchmark 10-year Treasury yield rising to about 4.58%. Government bonds in Australia and Japan also weakened, while the U.S. dollar strengthened against all other Group of 10 currencies.
U.S. stock futures pointed to a weaker start. Futures linked to the Dow Jones Industrial Average fell 135 points. S&P 500 futures declined 0.3%, while Nasdaq-100 futures dropped 0.5% as investors turned cautious ahead of the cash session.
Stock Market wrap: Nifty, Sensex Erase Losses And Turn Positive
The Nifty 50 rose 0.02% to 24,211, while the Sensex gained 0.06% to 77,616.40.
Earlier, the Nifty fell as much as 0.9% to 24,000.20, while the Sensex declined as much as 712 points to 76,857.
Stock Market Live: Government Plans Indian Overseas Bank OFS, More PSU Bank Stake Sales Likely
- The government will soon launch an offer for sale in Indian Overseas Bank, where it holds a 92.44% stake, official sources said. It had sold a 2.17% stake in the bank in December 2025.
- Punjab & Sind Bank and UCO Bank could be next in line for stake dilution as the government seeks to meet public shareholding norms. Government ownership stands at 93.85% in Punjab & Sind Bank and 90.95% in UCO Bank.
Stock Market Live: European Markets Open Mixed; Denmark Index Gains 0.39%
Denmark’s OMXC 25 gained 0.39%, Belgium’s BEL 20 rose 0.35% and Italy’s FTSE MIB added 0.26%. Sweden’s OMXS30 fell 0.33%, while the Netherlands’ AEX declined 0.18% and the Stoxx 600 slipped 0.10%.
Stock Market Live: Kospi Leads Asian Market Losses With 8.95% Fall
South Korea’s Kospi fell 8.95%, while China’s Shanghai index declined 2.06% and Japan’s Nikkei 225 lost 1.92%. Hong Kong’s Hang Seng rose 0.16%, while Australia’s ASX 200 gained 0.03%.
Stock Market Live: Supreme Court Seeks Airfare Regulation Rules From Centre In Two Weeks
- The Supreme Court directed the Centre to submit in a sealed cover within two weeks the rules framed to regulate airfares. The government said the rules would be placed before both Houses of Parliament within 30 days.
- The petition seeks rules covering surge pricing, baggage charges, cancellations and refunds. The matter will next be heard on August 3.
Stock Market Live: Goldman Sachs Says Foreign Selling In Indian Equities Has Peaked
- Foreign investors sold a record $30 billion of Indian equities over about three and a half months in the first half of 2026, according to Goldman Sachs. They have turned net buyers since mid-June, with inflows of $2 billion led by financial stocks.
- The brokerage said global funds remain underweight on India within emerging-market portfolios, leaving scope for further inflows as the domestic outlook improves.
Stock Market Live: LTM Expects AI To Form 50% Of Revenue In Three To Five Years
- LTM aims to increase AI revenue to 50% of its total revenue within three to five years, its MD and CEO told NDTV Profit. The company expects to maintain its planned margin position, with no material impact this year.
- LTM hired 1,100 freshers during Q1 and saw demand traction in the energy and manufacturing segment. The management said the decline in the production segment was a one-time impact.
Stock Market Live: SBI Mutual Fund Says IPO Aims To Create Public Market For Shares
- SBI Mutual Fund does not need fresh capital and plans to list as part of its next phase of growth, MD and CEO Debasish Mishra told NDTV Profit.
- The IPO will involve SBI selling a 6.3% stake and Amundi offloading 3.7%. After listing, their holdings will decline to 55.46% and 32.56%, respectively.
Stock Market Live: SBI Mutual Fund Calls IPO A Natural Step Towards Listing
- SBI Mutual Fund MD and CEO Debasish Mishra said SBI plans to sell a 6.3% stake and Amundi will offload 3.7% through the IPO.
- After the listing, SBI’s holding will fall to 55.46%, while Amundi’s stake will decline to 32.56%. Mishra said the fund house does not need capital and views the listing as a step towards creating a public market for its shares.
Stock Market Live: Bajaj Consumer Q1 Net Profit Rises 84.8%
Bajaj Consumer’s consolidated revenue rose 25% year-on-year to Rs 342 crore, while net profit increased 84.8% to Rs 70.8 crore. EBITDA more than doubled to Rs 83.4 crore, with the margin widening to 24.4% from 15%.
Stock Market Live: Delhi High Court Orders Meta To Remove Facebook URLs Hosting Zee Content
- The Delhi High Court directed Meta to remove specified Facebook URLs that Zee said were illegally hosting and monetising its content.
- The court declined to block the Facebook accounts without hearing the parties and will consider Zee’s request after receiving their replies.
Stock Market Live: Puravankara Q1 Pre-Sales Rise 28%; Signs Property Sale Pact
- Puravankara’s Q1 pre-sales rose 28% year-on-year to Rs 1,439 crore, while collections increased 40% to Rs 1,199 crore.
- The company also signed an agreement with ICICI Prudential AMC to sell Purva Zentech at an enterprise value of Rs 626 crore.
Mazagon Dock, HDFC Bank Lead Goldman Sachs' 15 Large-Cap Picks For India's Second-Half Recovery
Stock Market Live: IRGC Claims Strikes On Jordan’s Prince Hassan Airbase
Iran’s Revolutionary Guard used missiles and drones to target Prince Hassan Airbase in Jordan, IRNA reported. The report said fuel depots and storage tanks were set on fire and operations remained under way.
Stock Market Live: Aeroflex Industries Targets Margin Expansion To 25%
Aeroflex Industries plans to increase its margin to 25% from 23% over the next few years, Asad Daud told NDTV Profit. The company is seeing growth in its core business and remains focused on value-added products.
Aeroflex also plans to expand its focus to international markets in the coming years.
Stock Market Live: Nifty, Sensex Erase Most Intraday Losses
- The Nifty 50 was down 0.09% at 24,183.95, while the Sensex traded 0.05% lower at 77,527.69.
- Earlier, the Nifty fell as much as 0.9% to 24,000.20, while the Sensex declined as much as 712 points to 76,857.
Stock Market Live: Nifty, Sensex Recover From Intraday Lows
- The Nifty 50 was down 0.27% at 24,140.85, while the Sensex traded 0.24% lower at 77,383.52.
- Earlier, the Nifty fell as much as 0.9% to 24,000.20 and the Sensex declined as much as 712 points to 76,857.
Stock Market Live: Morgan Stanley Expects India’s Growth To Accelerate In Second Half Of FY27
- Chetan Ahya of Morgan Stanley expects credit growth and public and private capital expenditure to support an acceleration in economic growth during the second half of FY27.
- He expects the RBI to keep interest rates unchanged this year before raising rates by 50 basis points in 2027. Ahya also expects crude prices to remain low due to sufficient supply, unless tensions escalate into a full-scale war.
Stock Market Live: Walchandnagar Industries Plans To Raise Rs 400 Crore
- Walchandnagar Industries plans to raise Rs 400 crore within the next three to six months and invest Rs 250–300 crore in a new nuclear facility.
- The facility will cater to private-sector orders and is expected to begin servicing orders within 18 months, Chirag Doshi told NDTV Profit.
Stock Market Live: BCL Industries Commissions 150 KLPD Ethanol Unit
BCL Industries commissioned a 150 KLPD ethanol unit at its Bathinda plant. The addition increased the plant’s distillery capacity to 550 KLPD.
Stock Market Live: FM Sitharaman To Review PSU Banks’ Forex Position Shortly
- Finance Minister Nirmala Sitharaman will meet heads of PSU banks shortly to review foreign currency deposit mobilisation and banks’ forex positions, sources told NDTV Profit.
- The meeting may discuss extending the RBI’s forex support measures beyond September 30. Banks are also expected to provide updates on FCNR(B) deposits, overseas bonds and external commercial borrowings.
Stock Market Live: Gujarat Pipavav Q1 Container Volumes Rise 2.4%
Gujarat Pipavav handled 1.68 lakh TEUs of containers in Q1, up 2.4% year-on-year. Dry bulk volumes fell 5.5% to 5.2 lakh tonnes.
Stock Market Live: Taher Badshah Sees AI Supporting Cash Flows, Bank Valuations Remain Supportive
Taher Badshah of Invesco Mutual Fund said the AI theme could support cash flows, while FCNR(B) deposits may aid bank margins. He remains focused on power, consumer discretionary and healthcare stocks and maintains a positive market outlook following the ceasefire.
Stock Market Live: AU Small Finance Bank Leads Bank Stock Losses
AU Small Finance Bank fell 1.30%, followed by HDFC Bank at 0.99% and IDFC First Bank at 0.64%. Federal Bank gained 0.33%, while Axis Bank rose 0.20%.
Stock Market Live: TCS, Oracle Financial Services Lead IT Stock Gains
- TCS rose 2.40%, while Oracle Financial Services gained 1.71%. HCL Technologies advanced 0.84%, while Mphasis and Tech Mahindra also traded higher.
- Coforge fell 1.11%, Persistent Systems declined 0.24% and Infosys slipped 0.01%.
Stock Market Live: Kospi Trading Halted After Index Plunges Over 7%
- South Korea’s Kospi fell more than 7% to below 7,000, prompting a temporary trading halt. The Kosdaq declined 1.98%.
- Japan’s Nikkei 225 lost 1.57%, while Australia’s S&P/ASX 200 and China’s CSI 300 also fell. Hong Kong’s Hang Seng gained 0.91%.
Stock Market Live: Antony Waste Confirms Nine Employee Deaths In Plant Incident
- Antony Waste confirmed that nine employees died in an incident at its waste-to-energy plant. Fourteen employees were rescued and are receiving medical treatment.
- The company will bear the medical and funeral expenses and provide financial assistance of Rs 25 lakh to each bereaved family.
Stock Market Live: TCS Leads IT Gainers; Coforge Falls 1.65%
- TCS rose 1.30%, followed by HCL Technologies at 0.53% and Oracle Financial Services Software at 0.27%.
- Coforge fell 1.65%, while Persistent Systems, Mphasis, Infosys and Wipro declined between 0.42% and 0.85%.
Stock Market Live: Avenue Supermarts Shares Fall Over 2% After Q1 Results
Avenue Supermarts shares fell 2.23% to Rs 3,990 after its standalone Q1 results. The stock touched an intraday low of Rs 3,908.
Standalone revenue rose 15.1% year-on-year to Rs 18,343 crore, while net profit increased 12.8% to Rs 936 crore. Revenue per square foot declined 3%, while the number of bills per store fell 5.4%.
Stock Market Live: Oil Marketing Stocks Fall As Crude Prices Rise
Hindustan Petroleum fell 2.02%, Bharat Petroleum declined 1.92% and Indian Oil Corporation slipped 1.35%.
Stock Market Live: HDFC Bank, ICICI Bank Lead Nifty’s Decline
- HDFC Bank was the biggest drag on the Nifty 50, contributing 38.33 points to the decline, followed by ICICI Bank at 20.13 points and L&T at 13.67 points.
- TCS contributed 8.21 points on the upside, while HCLTech and Infosys added 4.51 points and 2.35 points, respectively.
Stock Market Live: Nifty Metal Leads Sectoral Losses; IT Gains
Nifty Metal fell 1.13%, followed by Nifty Financial Services at 1.03% and Nifty Consumption at 0.98%. Nifty IT gained 0.53%, while Nifty Pharma rose 0.13%.
Stock Market Live: Nifty Tests 24,000 As Sensex Falls Over 700 Points
The Nifty 50 fell as much as 0.9% to 24,000.20, while the Sensex declined as much as 712 points, or 0.9%, to 76,857.
Stock Market Live: Sensex Falls Over 1,000 Points In Pre-Market Trade
The Sensex fell 1,061.92 points, or 1.37%, to 76,507.47 in pre-market trade. The Nifty 50 declined 139.35 points, or 0.58%, to 24,067.55.
Stock Market Live: Rupee Weakens 39 Paise Against US Dollar
The Indian rupee weakened by 39 paise to 95.71 against the US dollar.
Stock Market Live: Brokerages Retain Mixed Ratings On Avenue Supermarts
- Morgan Stanley retained Overweight with a target price of Rs 5,083. It said weak revenue growth could limit near-term upside but cited the company’s addressable market and business model.
- Bernstein maintained Outperform with a target of Rs 5,000. It expects more than 80 store additions and sees costs becoming supportive over the next two to three quarters.
- Citi retained Sell and cut its target to Rs 3,400 from Rs 3,650. It lowered FY27–29 revenue estimates by 4–6% and earnings estimates by 5–7%.
Stock Market Live: Avenue Supermarts Q1 Margin Rises 10 Basis Points
- Avenue Supermarts’ EBITDA margin increased to 8.3% from 8.2% a year earlier. Improved gross margin was partly offset by higher overheads linked to store openings.
- Employee expenses rose 31.6% year-on-year, while other expenses increased 17.9%.
Stock Market Live: Avenue Supermarts Q1 Net Profit Rises 12.8%
Avenue Supermarts’ standalone revenue rose 15.1% year-on-year to Rs 18,343 crore, while net profit increased 12.8% to Rs 936 crore. EBITDA grew 16.2% to Rs 1,526 crore, with the margin at 8.3% compared with 8.2% a year earlier.
Stock Market Live: Brokerages Split On Avenue Supermarts As Quick Commerce Weighs On Growth
- Goldman Sachs retained Sell with a target price of Rs 4,000, citing slower revenue growth and flat year-on-year growth in metro markets.
- Morgan Stanley maintained Overweight with a target of Rs 5,083. It said a recovery in revenue growth remains key as quick-commerce competition increases.
- Bernstein retained Outperform with a target of Rs 5,000, citing store expansion and stable gross margins.
- Citi maintained Sell and cut its target to Rs 3,400 from Rs 3,650. It reduced FY27–29 revenue estimates by 4–6% and earnings estimates by 5–7%.
Stock Market Live: Brokerages Retain Cautious Ratings On LTIMindtree After Q1
- Morgan Stanley retained Equal-weight with a target price of Rs 4,000. It said revenue met estimates, margins exceeded forecasts and the CBDT contract should ramp up in Q2.
- Citi maintained Sell and cut its target to Rs 3,450 from Rs 3,455. It expects organic revenue to grow at a compound annual rate of about 5% over FY26–28.
- Kotak Securities retained Reduce but raised its target to Rs 3,900 from Rs 3,700, citing execution alongside limited scope for faster growth.
- JPMorgan maintained Neutral and cut its target to Rs 4,050 from Rs 4,200. It expects margins to expand through the rest of FY27.
Stock Market Live: Goldman Sachs Sees Nifty At 26,500 By June 2027
- Goldman Sachs sees the Nifty recovering to 26,500 by June 2027, implying 10% upside. It expects lower commodity prices, a stable currency and domestic growth to support the market, though Middle East tensions may drive near-term volatility.
- The brokerage prefers large-cap and value stocks and recommends banks, tourism and energy refiners. It raised utilities to Overweight and industrials to Marketweight, while cutting metals and mining and cement to Underweight and staples to Marketweight.
Stock Market Live: Morgan Stanley Raises Targets On Affordable Housing Financiers
- Morgan Stanley expects disbursement and loan growth at affordable housing finance companies to accelerate as asset quality concerns ease. It retained Overweight calls on Aptus, Home First and PNB Housing Finance.
- The brokerage raised target prices for Aavas Financiers, Aptus Value Housing Finance, Can Fin Homes, Home First Finance and PNB Housing Finance.
- Aavas Financiers: Target raised to Rs 1,555 from Rs 1,490
- Aptus Value Housing Finance: Target raised to Rs 405 from Rs 395
- Can Fin Homes: Target raised to Rs 1,055 from Rs 1,025
- Home First Finance: Target raised to Rs 1,650 from Rs 1,585
- PNB Housing Finance: Target raised to Rs 1,405 from Rs 1,250
Stock Market Live: Macquarie Retains Underperform On Aurobindo Pharma, Sets Rs 1,300 Target
Macquarie said profitability expectations for the Lannett business appear overstated, citing stagnant revenue and the absence of material product launches since FY23. Its FY27 and FY28 earnings-per-share estimates remain 11% below consensus.
Stock Market Live: NMDC Cuts Iron Ore Prices; Morgan Stanley Sees Benefit For Steelmakers
NMDC cut lump ore prices by Rs 250 per tonne and fines prices by Rs 150 per tonne, effective July 10. Morgan Stanley said lower prices could benefit JSW Steel and Jindal Steel, which rely on external iron ore supplies.
Stock Market Live: Morgan Stanley Retains Underweight On L&T Finance, Sets Rs 185 Target
Morgan Stanley said L&T Finance’s quarterly net profit was 3% above estimates but believes its valuation factors in future improvement. It sees risks to loan growth, net interest margins and fee income, and said peers offer lower valuations.
Stock Market Live: UBS Starts CarTrade Coverage With Buy, Sets Rs 4,000 Target
UBS expects CarTrade’s margin to expand to 47% by FY30 from 33% in FY26, supported by revenue growth and operating leverage. It sees growth potential in OLX and expects FY27–29 earnings to exceed consensus estimates by 15–20%.
Stock Market Live: Reliance Infrastructure, Power Grid, NMDC, Keystone Realtors Among Stocks In Focus
- Reliance Infrastructure’s Mumbai Metro One signed a debt restructuring agreement that will reduce debt by more than Rs 1,100 crore. Power Grid emerged as the successful bidder for a transmission project covering Andhra Pradesh, Telangana and Karnataka.
- NMDC raised iron ore prices, while Keystone Realtors reported a 42% fall in Q1 pre-sales to Rs 617 crore. Power Finance Corporation raised $300 million through three-year floating-rate notes.
- Ashoka Buildcon settled a matter with NHAI for Rs 1.04 crore. Indus Towers appointed Abhishek Maheshwari as CFO, while Uflex named Arun Kumar Sharma as CFO.
Stock Market Live: HEG Targets 6 GWh Battery Capacity By Second Half Of FY27
- HEG plans to expand its REPlus battery manufacturing facility from 1 GWh to 6 GWh by the second half of FY27. Its battery energy solutions business has a 5,000 MWh order pipeline, with 1,500 MWh under execution.
- The company is also developing battery storage, solar and hydro projects and is targeting production capacity of 60 KMT by FY32.
Stock Market Live: L&T Finance Q1 Net Profit Rises 28.7% To Rs 902 Crore
- L&T Finance’s consolidated net profit rose 28.7% year-on-year to Rs 902 crore. Its consolidated loan book increased 27% to Rs 1,29,634 crore.
- Net interest margin and fees improved to 10.47% from 10.22% a year earlier, while credit cost declined to 2.54% from 2.64% in the previous quarter.
Stock Market Live: Adani Green Operational Capacity Rises 27% In Q1
- Adani Green’s operational capacity rose 27% year-on-year to 20,142 MW after adding 848 MW during the quarter. Energy sales increased 30% to 13,657 million units.
- The company plans to increase battery storage capacity to more than 10 GWh by FY27 and renewable energy capacity to 50 GW by 2030.
Stock Market Live: SBI, NTPC, Just Dial, IdeaForge Among Stocks In Focus
- SBI transferred a 1.4% stake in SBI Fund Management to 30 investors for Rs 1,655 crore and reduced its planned IPO offer-for-sale stake to 4.89%. NTPC approved a Rs 20,457 crore investment in the Lara power project, while Lux Industries plans to invest Rs 600 crore in a West Bengal facility.
- Just Dial appointed Dinkar Ayilavarapu as CEO and Dinesh Taluja as CFO. IdeaForge raised Rs 500 crore through a qualified institutional placement, while Emcure Pharmaceuticals’ arm agreed to sell its mRNA business for Rs 139.5 crore.
- RITES’ consortium secured a Rs 79 crore Patna Metro order. Goodluck India approved a 2:1 bonus issue, Nuvoco Vistas commissioned a cement grinding unit, and Hariom Pipe’s arm commissioned a 5 MW solar project.
Stock Market Live: Avantel Q1 Net Profit Rises 67.4%
Avantel’s consolidated revenue rose 35.7% year-on-year to Rs 70.4 crore, while net profit increased 67.4% to Rs 5.4 crore. EBITDA grew 66.7% to Rs 17.4 crore, with the margin widening to 24.7% from 20.1%.
Stock Market Live: Just Dial Q1 Net Profit Rises 4.1%
Just Dial’s standalone revenue rose 9.9% year-on-year to Rs 327 crore, while net profit increased 4.1% to Rs 166 crore. EBITDA grew 1.2% to Rs 87.4 crore, but the margin narrowed to 26.7% from 29%.
Stock Market Live: LTIMindtree Q1 Net Profit Rises 5.3% Sequentially
LTIMindtree’s consolidated revenue rose 2.8% quarter-on-quarter to Rs 11,608 crore, while net profit increased 5.3% to Rs 1,466 crore. EBIT grew 5.3% to Rs 1,799 crore, with the margin expanding to 15.5% from 15.1%.
Stock Market Live: LTMindtree Reports $150 Million In Quarterly AI Revenue
LTMindtree’s AI-related revenue stood at $150 million in the June quarter, accounting for 12.2% of its quarterly revenue. TCS reported AI revenue at 8.5% of annualised revenue, while HCLTech’s advanced AI revenue formed 4.2% of quarterly revenue.
Stock Market Live: LTM Q1 Revenue Meets Estimates, Margin Beats Forecast
- Constant-currency revenue grew 0.3% from the previous quarter, while margin increased 40 basis points. Deal wins stood at $1.68 billion.
- AI revenue stood at $150 million, accounting for 12.2% of quarterly revenue. Management expects Q2 growth to exceed Q1.
- Morgan Stanley retained an Equal-weight rating with a target price of Rs 4,000. Citi maintained Sell and cut its target price to Rs 3,450.
Stock Market Live: US Says Strait Of Hormuz Remains Open Despite Iran’s Closure Claim
Iran said the Strait of Hormuz was closed until further notice, but the US military said commercial traffic continued through the waterway. US forces carried out further strikes on Iran on Sunday following an attack on a container ship.
Stock Market Live: Nifty, Sensex Snap Four-Week Winning Streak
- The Nifty 50 rose 244.10 points, or 1.02%, to close at 24,206.90 on Friday. The Sensex gained 827.57 points, or 1.08%, to end at 77,569.39.
- Despite Friday’s gains, the Nifty 50 declined 0.25% for the week and the Sensex fell 0.22%, ending their four-week winning run.
Stock Market Live: US Stock Futures Fall Ahead Of Cash Market Open
Dow Jones futures fell 135 points, while S&P 500 futures declined 0.3%. Nasdaq-100 futures dropped 0.5%.
Stock Market Live: US Treasury Yields Rise As Dollar Strengthens
The benchmark 10-year US Treasury yield rose to about 4.58%, while government bonds in Australia and Japan weakened. The US dollar gained against all other Group of 10 currencies.
Stock Market Live: Asian Markets Open Higher As Investors Track US-Iran Exchanges
Japan’s Nikkei 225 rose 0.58%, Australia’s ASX 200 gained 0.10% and South Korea’s Kospi added 0.02%. Investors also awaited corporate earnings due during the week.
Stock Market Live: Oil Prices Rise After US-Iran Strikes Renew Supply Concerns
Brent crude futures rose 3.5% to $78.67 a barrel, while US West Texas Intermediate crude gained 3.4% to $73.87. The fresh strikes raised concerns over supplies through the Strait of Hormuz, which carries about one-fifth of global oil.
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