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Trump Speaks on Iran Deal as Markets Watch RBI MPC Meeting | ZBizHeadlines

Zee Business2:44

Transcription

Trump called news of talks breaking with Iran fake news, said talks are happening continuously. Now Iran should reach a deal as soon as possible. Amidst delay in Iran-US deal, crude oil climbed above $96. International Energy Agency expressed an estimate of global oil reserves falling to record low levels. US markets continue their record streak. Dow closed at a new peak, climbing 225 points for the fifth day with a life high. Nasdaq and S&P also had their sixth record closing. Gift Nifty fell 125 points near 23475. Dow futures sluggish. Japan's Nikkei jumped 2% to a life high. FIIs sold heavily in cash for the fifth consecutive day, amounting to ₹8362 crore, with net selling of ₹4192 crore. Domestic funds continued their buying for the 11th day, injecting ₹9590 crore into the market. Gold climbed ₹100 above ₹159300. Silver closed up ₹500 at ₹66700. Base metals in the international market rose by 1.5% to 2%. Copper closed at a two-week high, and aluminum at a four-and-a-quarter-year high. From today, the RBI Monetary Policy Committee's three-day meeting will begin. The MPC's decision on interest rates will come on Friday. CMR Green Technologies' IPO will open from today. Price band ₹182 to ₹192. At 8:00 AM, we will know from Anil Singhvi whether to invest money in the issue or not. NHPC's OFS will open for retail today. Non-retail portion is 3 times subscribed. The government is selling a 6% stake at a floor price of ₹71. And in Birthday Week, Anil Singhvi will give strong birthday picks for wealth creation every morning this week at 8:30 AM and then at 9:00 AM. See the account of every stock recommended in six years in the special show Report Card at 11:00 AM.