India, June 25 -- Cautious sentiment ruled markets amidst fears of whether the current ceasefire between Israel and Iran would guarantee long-term peace. Concerns about the monetary policy stance by the Fed also weighed on sentiment ahead of testimony by Fed Chair Jerome Powell.
The index that tracks the 40 largest French stocks based on the Euronext Paris has declined more than quarter percent on Wednesday after a more than 1-percent surge on Tuesday.
The CAC-40 is currently trading at 7,588.77, shedding 0.36 percent from the previous close of 7,615.99. The day's trading has been between 7,658.50 and 7,576.87.
With the reversal in sentiment, only 13 scrips in the index are trading above the flatline.
Stellantis topped gains with an add...