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Top Business Headlines Today: Iran Oil Move, Trade Deal Meeting and IPO Watch

Zee Business2:56

Transcription

America removed the ban on Iran's oil for 60 days. Brent crude slipped 4% to below $78. [Music] Closed at its lowest level since the war began. Trump and JD Vance's claim after the first round of talks in Switzerland. Iran ready for inspection of nuclear [Music] sites. But Iran rejected America's claims. Gift Nifty with a slight gain near 24,150. Dow Futures up 100 points. US markets remained mixed amid heavy selling in tech stocks. Nasdaq saw a sharp fall of 350 points [Music]. So Dow closed 150 points up, losing 175 points from its day's high. Gold rose ₹900 to near ₹148,100. Silver closed near ₹34,300 with a gain of ₹1100 [Music]. Gold flat in the global market but silver slipped by about 1%. Very small figures of buying and selling by FII DII. FIIs sold ₹635 crore in cash yesterday, while domestic funds put in ₹135 crore. Bilateral meeting on India-US trade deal starts today for two days. Commerce Minister Piyush Goyal will meet US representative Jamison Greer to advance the deal. The IPO of Turtlement Fintech Sessions, closing today, has a very sluggish response, only half subscribed so far. Price band ₹144 to ₹152. Anil Singhvi [Music] advises only high-risk investors to invest for the long term. The IPO of India's only domestic cruise company Waterways Leisure Tourism will open today. [Music] Price band ₹769 to ₹88. At 8:00 AM, we will know from Anil Singh whether to invest in the issue [Music] or not. SEBI proposes major changes in IT rules for exchanges. Suggestions sought on opening direct market access for all investors [Music] and simplifying algo trading rules. In May, the country's core sector growth was only half a percent, the weakest in six months, with production negative in five out of eight sectors. [Music] And fintech company CRED's founder Kunal Shah will be WhatsApp's new global CEO. Meta also announced an investment of about ₹800 crore in CRED.