Asian Paints, HPCL, MRF other crude-sensitive stocks jump up to 5% on Iran-US peace deal framework

June 15, 2026

Crude-sensitive stocks surged as oil prices dropped significantly following an agreement between Iran and the US to end their conflict and reopen the Strait of Hormuz. This development brings relief to global oil shipments, though analysts advise caution regarding the timeline for full normalization.

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Remittances, services surplus lift India to $4.7 billion current account surplus in April

India achieved a significant current account surplus of $4.7 billion in April. This positive shift was driven by robust inward remittance flows. The services sector

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Rupee also rises to 5-week high on peace deal hopes

The Indian rupee reached a five-week high on Monday. Benchmark bond yields fell to their lowest since mid-April. This surge followed news of an initial

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