Cooling crude prices after a US-Iran ceasefire lifted sentiment, pulling down yields and supporting the rupee ahead of the Reserve Bank of India's policy decision
Sensex Today | Stock Market LIVE Updates, Wednesday: The GIF Nifty signalled that the Nifty50 may open over 600 points higher as oil prices corrected sharply after US and Iran agreed to a ceasefire
Airline stocks rallied as easing of geopolitical tensions has led to a sharp fall in global crude oil prices, which is particularly positive for aviation companies
ONGC and Oil India shares fell up to 4% as Brent crude dropped below $100 following a US-Iran ceasefire and easing tensions in the Strait of Hormuz.
Petronet LNG shares have rebounded 18.28 per cent from their 52-week low of ₹235.35 per share, which was touched on March 23, 2026, on the NSE
President Trump's short-term intimidation may have worked, but the fundamental divides with Iran are as sharp as they were in February
President Trump's short-term intimidation may have worked, but the fundamental divides with Iran are as sharp as they were in February
Prime Minister Benjamin Netanyahu said Israel backed the US ceasefire with Iran but that the deal doesn't cover fighting against Hezbollah in Lebanon. Netanyahu's office said in the statement Wednesday that Israel supported US President Donald Trump's decision to suspend strikes against Iran for two weeks subject to Iran immediately opening the Strait of Hormuz and stopping all attacks on the US Israel and countries in the region. His office said Israel also supports US efforts to ensure Iran no longer poses a nuclear or missile threat.
Prime Minister Benjamin Netanyahu said Israel backed the US ceasefire with Iran but that the deal doesn't cover fighting against Hezbollah in Lebanon. Netanyahu's office said in the statement Wednesday that Israel supported US President Donald Trump's decision to suspend strikes against Iran for two weeks subject to Iran immediately opening the Strait of Hormuz and stopping all attacks on the US Israel and countries in the region. His office said Israel also supports US efforts to ensure Iran no longer poses a nuclear or missile threat.
Bullion rose more than 3 per cent to its highest level since March 19
Bullion rose more than 3 per cent to its highest level since March 19
Israel and the United Arab Emirates both sounded missile alerts early Wednesday, despite Iran and the United States saying they had reached a two-week ceasefire in the war. It wasn't immediately clear what was being targeted in the two countries, which bore the brunt of the missile and drone fire during the war. Missile alerts also continued in Saudi Arabia, Bahrain and Kuwait early Wednesday, hinting at the chaos surrounding the diplomatic moves. Throughout the war, Iran's paramilitary Revolutionary Guard has called the shots in all decisions. Individual commanders have made decisions on what to strike and when, with the nation's political leadership sidelined. Whether they agreed to stop shooting with the declared ceasefire and negotiations being planned in Islamabad remained in question. However, many Mideast wars see combatants launch last-minute attacks to be able to claim victory with their populations.
The near-closure of the vital waterway for weeks has created an unprecedented global energy supply crunch, as Iran tightened its control in the aftermath of US and Israeli strikes
The near-closure of the vital waterway for weeks has created an unprecedented global energy supply crunch, as Iran tightened its control in the aftermath of US and Israeli strikes
Iran in the Farsi-language version of its 10-point ceasefire plan included the phrase "acceptance of enrichment" for its nuclear programme, something that was missing in English versions shared by Iranian diplomats to journalists. It wasn't immediately clear why that term was missing. However, US President Donald Trump had said ending Iran's nuclear programme entirely was a key point of the war. Trump, after Iran issued its 10-point plan, had described it as fraudulent, without elaborating.
Iran in the Farsi-language version of its 10-point ceasefire plan included the phrase "acceptance of enrichment" for its nuclear programme, something that was missing in English versions shared by Iranian diplomats to journalists. It wasn't immediately clear why that term was missing. However, US President Donald Trump had said ending Iran's nuclear programme entirely was a key point of the war. Trump, after Iran issued its 10-point plan, had described it as fraudulent, without elaborating.
Pro-government demonstrators in the streets of Iran's capital Wednesday morning after the ceasefire had been announced screamed: "Death to America, death to Israel, death to compromisers!" Organisers tried at a point to calm demonstrators, but they continued the chants. They also burned American and Israeli flags in the street. It shows the ongoing anger from hard-liners, who had been preparing for what many assumed would be an apocalyptical battle with the US.
By choking off shipments from the energy-rich Gulf region, the war has triggered a "negative supply shock, meaning that it pushes prices up, said Kristalina Georgieva
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Pakistan on Wednesday invited the US and Iran for talks in Islamabad on Friday. Prime Minister Shehbaz Sharif in a social media post announced that the US and Iran, along with their allies, have agreed to an immediate ceasefire amid the ongoing West Asia conflict. "With the greatest humility, I am pleased to announce that the Islamic Republic of Iran and the United States of America, along with their allies, have agreed to an immediate ceasefire everywhere, including Lebanon and elsewhere, effective immediately," he said. Sharif said Pakistan has invited delegations from both countries to Islamabad on April 10 for face-to-face talks aimed at reaching a conclusive agreement "to settle all disputes". The prime minister expressed hope that the proposed "Islamabad Talks" would help achieve sustainable peace and stability in the region. The development follows Pakistan's diplomatic efforts to de-escalate the conflict that began on Feb 28 and had reached a turning point after US Preside