Markets Cheer the US-Iran Peace Framework
Big green day on D-Street. Sensex and Nifty both rallied close to 1% as news of an interim US-Iran peace deal eased oil price fears and pulled risk-on money back into equities. Auto, realty, and consumer durables led from the front. The standout though: DIIs bought roughly 16x more than FIIs today, even as FIIs flipped to net buyers. When domestic money leans in this hard, it's worth paying attention. Nifty bulls are now eyeing a breakout above 24,100, with support sitting near 23,750. Not a "buy everything" signal, but a meaningful shift in tone.
2026-06-16 12:31:18 - Ravi Kumar