Sensex Today | Nifty 50 | Stock Market Highlights: Sensex settles 372 pts lower, Nifty below 23,950; Adani Ent, M&M drop 2% each

Indian government bonds advanced early Monday ​as surging foreign inflows and ​stable oil prices blunted geopolitical worries re-ignited by a fresh ​burst of U.S.-Iran strikes over the long weekend.

Iran attacked U.S. bases in Kuwait and Bahrain Sunday shortly after President Donald Trump threatened that the Islamic Republic would cease to exist if it ‌did not ⁠honor the ⁠interim agreement. Diplomacy prevailed later in the day, with both sides agreeing to halt hostilities and ​resume peace talks.

Brent crude futures steadied in Asian trade, at $71.90 per barrel. The U.S. 10-year Treasury ​yields also traded rangebound at 4.3744%.

India’s benchmark 10-year yield inched lower to 6.7568% by 11:45 a.m. IST, near Thursday’s close of 6.7690%. The 10-year yield has eased ​28 basis points over the last five weeks.