Indian equities rebounded on Monday, mirroring gains in Asian markets, as concerns over the Iran-Israel conflict eased. The Nifty rose 0.9% and the Sensex climbed 0.8%, recovering from previous losses fueled by escalating Middle East tensions. A decline in Brent crude prices and expectations of US intervention further boosted market sentiment, reducing volatility.
SBI halts Nayara transactions over US tariffs, sanctions risk
State Bank of India has ceased processing trade and foreign currency transactions for Nayara Energy due to potential US sanctions following recent tariff increases. This