India, June 16 -- The FTSE 100 benchmark of the London Stock Exchange aligned with peers to record a rebound in Monday's trading. As the risk aversion triggered by the sharp escalation in geopolitical tensions in the Middle East over the end of the previous week waned, more than three-fourths of the benchmark index traded in the overnight green zone.
Anxiety ahead of the inflation update due on Wednesday as well as Bank of England's interest rate decision scheduled for Thursday limited gains. Markets expect price pressures to ease in the month of May but still anticipate that Bank of England would maintain status quo on rates.
FTSE 100 oscillated between 8,902.40 and 8,850.63 as compared with the previous day's closing level of 8,850.63....