Iran-US Deal Hopes Boost Markets: Gift Nifty Up 270 Points, Crude Oil Falls 5%
Last Updated:May 25, 2026, 07:36 ISTIndian equities set for gap up as Gift Nifty jumps, Asian markets rally on Iran US talks progress, crude falls below 100, but India fuel prices hiked again, pressuring. . .
Last Updated:May 25, 2026, 07:36 ISTIndian equities set for gap up as Gift Nifty jumps, Asian markets rally on Iran US talks progress, crude falls below 100, but India fuel prices hiked again, pressuring forexSensex, Nifty Eye Strong Opening As Brent Crude Falls, Asian Markets RallyStock Market:The Indian equity market is set to start the week on a big gap-up, with Gift Nifty surging above 270 points or 1. 15 per cent in the morning session. Benchmark indices seem to continue the positive momentum this week, too, following the positive developments and rising hopes of a breakthrough in the Iran-US war negotiations. Crude oil prices fell sharply on Monday as the US and Iran moved closer to a deal that would reopen the Strait of Hormuz. Recommended StoriesStocks To Watch Today, May 25: TVS Motor, Adani Enterprises, Paytm, CG Power In Focus After Index ReshuffleGift Nifty Drops Over 140 Points, Signals Bearish Start For Indian EquitiesUS-Iran Peace Bid: Pakistan PM Shehbaz Sharif & Army Chief Asim Munir To Hold Talks With China In Beijing | Exclusive DetailsDespite Trump’s Claims, Iran May Not Give Up Strait Of Hormuz So Easily: Here’s WhyBrent crude oil prices came below $100 per barrel after hovering above for an extended period, while WTI crude dropped 4 per cent to trade around $92 per barrel. Indian markets are expected to begin the new week with a cautiously optimistic undertone, supported by a sharp correction in crude oil prices and improving sentiment surrounding the ongoing U. S. –Iran negotiations, although investors continue to remain mindful of lingering geopolitical risks, according to by Ponmudi R, CEO of Enrich Money. Asian Markets SurgeCheering the positive development on the Iran-US war front, Asian markets also surged, with Japan’s Nikkei 225 rising by 3 per cent or 1,975 points to 65,314. South Korea’s Kospi also gained 0. 41 per cent to 7,847 in the morning session. Gold, Silver Prices JumpGold and silver spot prices at the international market also surged up to 3 per cent, with gold trading around $4,562 per ounce, while silver at $77 per ounce. Petrol, Diesel Prices Hiked For Fourth TimeOil Marketing Companies (OMCs) have hiked the prices of petrol and diesel across India, the fourth retail fuel rate increase in 10 days amid the elevated crude oil prices. Petrol and diesel prices were raised on Monday by Rs 2 per litre. With the latest revision, cumulative increases in petrol and diesel prices have now touched nearly Rs 7. 5 per litre since fuel price revisions resumed on May 15 after a prolonged freeze. Elevated crude oil prices triggered by the Iran-US war are putting pressure on OMCs, leading to sharp losses every day. India imports 85-90 per cent of its crude oil, making it volatile for geopolitical disruption. India’s forex reserve is under pressure due to the elevated crude oil prices. News18 NewsletterHandpicked stories, in your inboxA newsletter with the best of our journalismLocation :First Published:May 25, 2026, 07:36 ISTNewsbusinessmarketsIran-US Deal Hopes Boost Markets: Gift Nifty Up 270 Points, Crude Oil Falls 5%Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to ourTerms of UseandPrivacy Policy. Loading comments. . . Read More