US Fed meeting to US-Iran war: Top five triggers that may dictate the Indian stock market this week

Indian benchmarks ended the week higher, with Nifty 50 gaining 1.10% to 23,622.90 and Sensex advancing 1.73% to 75,527.95, breaking a two-week losing streak. Key triggers for the upcoming week include the US Fed FOMC meeting on June 16–17 (first under new Chair Kevin Warsh), evolving US–Iran peace negotiations and the reopening of the Strait of Hormuz, and crude oil price trajectory (Brent settled at $87.33/bbl, down 6.2% for the week). RBI's new forex swap facilities for ECBs and FCNR(B) deposits are expected to support foreign currency inflows, while FIIs remained net sellers (₹1,082.18 crore on June 12) against DII buying of ₹5,341.29 crore.