India & Shanghai Stock Exchange Composite Index

India: India welcomed the ceasefire agreement between the United States and Iran, advocating for de-escalation, dialogue, and diplomacy to ensure lasting peace in West Asia. India also emphasized the importance of unimpeded freedom of navigation through the Strait of Hormuz due to its reliance on global energy supply and trade networks.

Shanghai Stock Exchange Composite Index: The Shanghai Stock Exchange Composite Index added points in response to the ceasefire.

India: Indian equities staged a recovery despite the rupee hitting a record low and crude remaining elevated. Investor confidence was bolstered by anticipation of potential government measures to mitigate INR weakness.

Shanghai Stock Exchange Composite Index: The Shanghai Stock Exchange Composite Index ended lower.

India: India's equity markets rallied sharply, benefiting from lower Brent Crude prices due to its dependence on energy imports.

Shanghai Stock Exchange Composite Index: The Shanghai Composite index climbed, reflecting optimism in the market regarding the proposed United States-Iran talks.

India: India's Sensex climbed 0.5%.

Shanghai Stock Exchange Composite Index: The Shanghai Stock Exchange Composite Index lost 0.9%.