Transcription
Now let's include International Market Expert Ajay Bagga in the show. Good morning, Sir Bagga. Once again, new statements are emerging between America and Iran. And this time, the matter has gotten stuck on Hezbollah. Sir, how should we understand this new development?
Yes, absolutely, the confusion continues, and Trump's statements are also confusing. On one hand, he says that if the deal with Iran doesn't happen, it doesn't matter to him. On the other hand, he says that a resolution will happen by next week.
Another thing is that Trump said he spoke with Israel, and the Israeli army will not interfere in Beirut, which is the capital of Lebanon. That army is returning. But Netanyahu said that our conflict continues in South Lebanon, and if Hezbollah fires on us, we will bomb South Lebanon further. So, this is difficult to understand.
Markets took positivity when Trump said that a resolution would happen by next week, and American markets recovered. Oil prices stabilized a bit. This morning, there was a slight dip, but Asian markets are down today. So, overall, global markets are at record levels. This is due to AI momentum trading and earnings, but in front of that is the Iran issue, which is not being resolved.
For India, because we are energy dependent, for India, we are seeing that crisis persists. So, the knot is not untangled, confusion continues, Swati Ji, and in such a situation, markets can only be expected to remain stable.
Yes, thank you, Sir.