India, June 17 -- Amidst broadly negative sentiment attributed to the escalating tensions in the Middle East, the CAC 40 index that tracks the 40 largest French stocks based on the Euronext Paris has shed around a percent. The CAC 40 had recorded strong gains on Monday.

The CAC-40 is currently trading at 7,671.28, losing 0.92 percent from the previous close of 7,742.24. The day's trading has been between 7,702.75 and 7,646.76.

Amidst the reversal in market sentiment, only 4 scrips in the index are trading above the flatline.

TotalEnergies and Teleperformance, both recorded gains of 1.3 percent.

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