Iran Ceasefire Hopes, AI Momentum Power Markets Higher

Global markets rallied as hopes of a potential U.S.–Iran ceasefire eased immediate geopolitical risk, pushing oil prices lower and lifting risk assets. U.S. equities hit record highs, led by technology and AI, with strong gains in semiconductors; standout earnings and capacity constraints underscored robust AI-driven demand. Energy markets remained volatile as diplomatic optimism was tempered by renewed rhetoric from Washington.

In Asia, the Bank of Japan signaled continued vigilance on inflation amid energy risks. Indian markets staged a bullish breakout from recent consolidation, supported by broad participation, softer crude prices, and a sharp appreciation in the rupee. Nifty reclaimed key levels, with resistance near 24,600 and support around 24,000. Near-term market openings may remain cautious amid mixed global cues and evolving geopolitics.

Download the Full Report: Click Here