US-Iran ceasefire lifts markets sharply.

US-Iran ceasefire lifts markets sharply. Indian stock indices surged nearly 4% on Wednesday following a 14-day ceasefire agreement between the US and Iran, as crude oil prices dropped 14% to below $95 per barrel and the rupee strengthened against the dollar. The relief rally reflects investor optimism about reduced geopolitical tensions. However, the sustainability of this gains remains uncertain. While both sides have agreed to begin truce talks, their stated positions suggest significant obstacles ahead. Iran seeks to retain uranium enrichment capabilities and control of the Hormuz shipping passage, demands that could derail negotiations. The trajectory of stock markets will depend heavily on whether these talks produce a lasting peace deal or merely delay inevitable conflict. For now, investors are breathing easier as an immediate catastrophic scenario has been averted.