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US-Iran peace deal lifts markets: Asian stocks soar, dollar slides to June 5 low, oil tumbles & gold jumps 2%

Global markets rallied on Monday after the United States and Iran announced a framework agreement to end their conflict, raising hopes of lower energy prices, easing inflation pressures and reduced risks to the global economy.Asian equities surged, the US dollar fell to its weakest level since June 5, and oil prices tumbled more than 4%…

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Gold, Silver Rate Today Live Updates: International gold, silver prices surge on US-Iran peace deal signing hopes

Gold prices advanced 2% on Monday after officials from the United States and Iran announced that they had reached an initial understanding aimed at ending hostilities between the two countries. The development triggered a decline in oil prices and reduced concerns about persistent inflation and elevated interest rates. Spot gold rose 2% to $4,304.11 an…

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Stock Market Live Updates Today: BSE Sensex, Nifty50 set for a positive start on as Trump announces US-Iran peace deal; crude oil prices plunge

Indian equities may witness an uptrend as easing concerns surrounding the US-Iran conflict improve global risk sentiment. The sharp market recovery suggests that investors are beginning to price in a more favourable geopolitical outcome. While a formal agreement remains pending, the moderation in crude oil prices and appreciation in the rupee to 94.9 against the…

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Market rally adds Rs 1.9 lakh crore to top 10 firms’ value; ICICI Bank emerges biggest gainer

The combined market capitalisation of eight of India’s 10 most-valued companies rose by Rs 1.90 lakh crore last week, with ICICI Bank emerging as the biggest gainer as equities rallied, reported news agency PTI.The gains came during a strong week for the markets, with the BSE Sensex climbing 1,284.61 points, or 1.73%, while the NSE…

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Dalal Street outlook: Inflation, Fed verdict and crude oil in focus; US-Iran deal hopes to steer market sentiment

Inflation data, the US Federal Reserve’s interest rate decision and movements in crude oil prices will be the key triggers for Indian equity markets in the coming week, analysts said.Investors will also closely watch developments surrounding the proposed US-Iran agreement, foreign investor activity and trends in global markets for further direction.“On the domestic front, investors…

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India seeks French investment in manufacturing; Piyush Goyal pitches scale and talent

Commerce and Industry minister Piyush Goyal on Sunday invited French companies to invest in India’s manufacturing sector, pitching the country as a trusted partner offering scale, talent and innovation opportunities.Speaking at the ‘Bharat Innovates’ event in Nice in the presence of Prime Minister Narendra Modi and French President Emmanuel Macron, Goyal said India can provide…

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India restricts deployment of seafarers to conflict zones, Shipping authority issues fresh advisory

Days after three Indian seafarers onboard MT Settebello were killed following a US military strike off the Oman coast, the Directorate General of Shipping (DGS) has advised maritime recruitment and placement agencies to restrict the deployment of Indian seafarers to conflict areas until further orders.In a circular, the shipping regulator also directed vessels operating in…

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