A two-week ceasefire between the US and Iran has boosted Indian stocks. Brent crude prices fell significantly after the agreement to reopen the Strait of Hormuz. This eased supply disruption fears, leading to sharp gains in aviation, refining, and infrastructure sectors. Companies with significant Middle East exposure saw substantial rallies. The development is expected to positively influence market sentiment.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets