Oil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Tehran’s oil. This deal, a 14-point memorandum, initiates a 60-day negotiation period, potentially resolving a major energy supply disruption and leading to a significant supply glut in 2027.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain