
Tue Jun 24 02:30:00 UTC 2025: Okay, here’s a news article summarizing the provided text:
**Indian Stocks Poised for Rebound After Trump’s Ceasefire Announcement**
**Mumbai:** Indian stock market indices, Sensex and Nifty 50, are expected to open higher on Tuesday, buoyed by positive global cues stemming from a reported ceasefire agreement between Israel and Iran, announced by US President Donald Trump. This follows a sharp decline on Monday, driven by escalating geopolitical tensions.
The Sensex closed down 511.38 points (0.62%) at 81,896.79, and the Nifty 50 fell 140.50 points (0.56%) to 24,971.90 on Monday, as the market reacted negatively to the ongoing conflict.
However, overnight trading saw Asian markets rally, led by Japan’s Nikkei 225 (up 1.59%) and South Korea’s Kospi (up 2.09%). US markets also closed higher, fueled by hopes of an early interest rate cut by the US Federal Reserve. The Dow Jones Industrial Average rose 0.89%, the S&P 500 surged 0.96%, and the Nasdaq Composite climbed 0.94%.
The optimistic outlook is further supported by Gift Nifty futures trading around 25,175, indicating a potential gap-up start for Indian equities.
While President Trump declared a “Complete and Total CEASEFIRE,” reports indicate that Iran’s Supreme Leader, Ayatollah Ali Khamenei, said that Iran is not a nation that surrenders.
Falling crude oil prices, triggered by the ceasefire news, are also contributing to the positive sentiment. Brent crude futures fell 3.78% to $68.78 a barrel, while US West Texas Intermediate crude prices slumped 3.88% to $65.85 per barrel. Gold prices also took a hit, declining due to reduced safe-haven demand.
Religare Broking’s Ajit Mishra advises investors to avoid aggressive bets and focus on selective stock picking, emphasizing the importance of global market performance and crude oil price movements in the current consolidation phase.
Furthermore, signals from US Federal Reserve Vice Chair Michelle Bowman suggest that an interest rate cut could come as early as July, which has further boosted market sentiment and led to a fall in US Treasury yields.