Good news for the Indian stock market as Sensex and Nifty expected to rally

From Nasdaq: 2025-06-23 22:30:00

Indian shares are expected to open higher after Trump claimed Israel and Iran agreed to a ceasefire. Brent crude futures fell 8% with no immediate oil supply disruption. WTI crude futures dropped over 2% to below $67 a barrel. Sensex and Nifty both fell 0.6% amid West Asia tensions. Rupee weakened to a 5-month low at 86.75 against the dollar. U.S. stocks rose as oil prices fell and Fed Vice Chair favored a rate cut in July. Trump downplayed Iran’s missile strike and encouraged peace. European stocks fell as investors awaited Iran’s response to U.S. air strikes.



Read more at Nasdaq: Sensex, Nifty Set To Rally As Oil Prices Plunge On Iran-Israel Ceasefire