The US and Iran have reached an agreement to reopen the Strait of Hormuz toll-free and de-escalate hostilities, with a formal signing expected on June 19.

How this affects you

This peace deal is anticipated to encourage increased participation from retail investors, HNIs, and tactical traders in Indian markets, potentially strengthening the ongoing market rally, especially in sectors like cyclicals, financials, capital goods, and consumer goods. Lower oil prices would benefit India by easing inflationary pressures, supporting consumer spending, and improving demand, while potentially pressuring upstream oil producers.