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Iran-US ceasefire impact: Oil prices drop, Hormuz to see ‘controlled’ movement; global markets surge

Representative image (AI-generated) As the Iran-US ceasefire kicks in, global markets are witnessing a sharp shift across multiple sectors.US President Donald Trump announced a temporary two-week suspension of planned military strikes on Iran, linking the move to Iran’s willingness to reopen the Strait of Hormuz and engage in negotiations.Crude prices, which had surged above $100…

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Top stocks to buy today: Stock recommendations for April 8, 2026 – check list

Top stocks to buy (AI image) Stock market recommendations: Birlasoft, Bajaj Holdings, and Gujarat Ambuja Exports Ltd are the stocks recommended for buying by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares today (April 8, 2026):Birlasoft – Triple Bottom with RSI Divergence SupportBuy: ₹365–₹355 | Stop Loss: ₹315 | Target: ₹470Since April 2025,…

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Why stock market up today? Nifty50 above 23,900; BSE Sensex rallies over 2,800 points on US-Iran ceasefire – top reasons for rally

Stock market today (AI image) Stock market today: Buoyed by the two week US-Iran ceasefire, stock markets opened in green on Wednesday, rallying strongly ahead of the RBI monetary policy review. While Nifty50 went above 23,900, BSE Sensex rose over 2,800 points. At 9:56 AM, Nifty50 was trading at 23,932.10, up 808 points or 3.50%….

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Crude Oil Price: Oil prices today: Crude falls below $100 as Trump announces two-week ceasefire with Iran

Oil prices fell sharply on Wednesday with Brent crude and US West Texas Intermediate (WTI) crude both slipping below the $100 per barrel mark after President Donald Trump announced a two-week ceasefire with Iran, subject to the immediate reopening of the Strait of Hormuz.In the early hours of trade, Brent crude dropped 13.6 per cent…

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India Fiscal Deficit Target 2026-27: India unlikely to revise fiscal deficit target immediately despite Middle East shock, capex stays priority: Report

India does not see any immediate threat to its fiscal deficit target for 2026-27 despite the financial strain from the ongoing Middle East crisis, and the government will continue to prioritise capital expenditure, according to two government sources.New Delhi had budgeted a fiscal deficit of 4.3 per cent of GDP for the financial year that…

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