Global stock markets, including India's Sensex and Nifty, rallied on Tuesday, driven by optimism over a potential US-Iran peace deal and falling oil prices. Investors now await the US Federal Reserve's policy decision and guidance.
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Global Markets Rally on Iran-US Peace Deal Optimism, Fed Decision Looms
IN SHORT
Global stock markets, including India's Sensex and Nifty, rallied on Tuesday, driven by optimism over a potential US-Iran peace deal and falling oil prices. Investors now await the US Federal Reserve's policy decision and guidance.
Frequently asked questions
The rally was driven by optimism around a potential US-Iran peace deal framework and softening crude oil prices.
The Indian stock market closed higher on Tuesday, with Sensex and Nifty clocking significant gains over three consecutive sessions.
The central bank is widely anticipated to hold its benchmark interest rate steady, but investors will focus on forward guidance.
IT, realty, FMCG, and oil & gas sectors showed notable gains, while metal stocks lagged.
What Happens Next
01US Federal Reserve to announce its monetary policy decision on Wednesday.
02Market participants will closely watch the Fed Chair's commentary on inflation and economic outlook.
CME Headlines
- Initial Listings of the Weekly Micro E-mini S&P 500 Options (Financial) and the Weekly Micro E-mini Nasdaq-100 Options (Financial) Contracts
- New Product Summary: Initial Listings of the Weekly Micro E-mini S&P 500 Options (Financial) and the Weekly Micro E-mini Nasdaq-100 Options (Financial) Contracts — Effective June 29, 2026