US President Donald Trump's step back on Iran pacifies nervous market

  • Posted on June 21, 2025
  • By Business News Today
  • 3 Views
US President Donald Trump's step back on Iran pacifies nervous market

Indian equity indices surged 1.3% on Friday, recovering from previous losses due to easing concerns over the Iran-Israel conflict after Trump's announcement to hold back US involvement. The Sensex and Nifty both erased weekly losses, driven by positive global cues from Asian markets, excluding Japan and China. FPIs were net buyers, while domestic investors sold shares.
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