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Announced Mon, 22 Jun · 07:14 IST

From Gift Nifty, US-Iran peace talks to crude oil prices: 10 things that changed for Indian stock market over weekend

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AI summary

Indian stock markets are expected to open higher on Monday, with Gift Nifty trading at around 24,154, a premium of nearly 97 points over previous Nifty futures close. Progress in US-Iran peace talks lifted Asian markets, though rising crude oil prices (Brent at $81.24, WTI at $77.40) and US bond yields pose risks of higher inflation and interest rate hikes. Separately, RBI MPC minutes revealed all six members favored a wait-and-watch stance on rates citing uncertainty over inflation and growth due to the US-Iran conflict.