Dalal Street outlook: Inflation, Fed verdict and crude oil in focus; US-Iran deal hopes to steer market sentiment - The Times of India

• Goldman Sachs has lowered its forecast for India's 2026 Current Account Deficit (CAD) to 1.3% of GDP. • The revision is driven by India's reduced vulnerability to crude oil price hikes, attributed to lower oil intensity and improved energy efficiency.

• Wall Street indexes are expected to open higher on Monday following a preliminary agreement between Washington and Tehran to end their conflict and reopen the Strait of Hormuz. • The deal has triggered a sharp decline in crude oil prices, contributing to the optimistic outlook for U.S. equity markets.

• SpaceX shares continued to rise following its record-breaking IPO, which has pushed the company's valuation to $2.1 trillion. • Gold prices surged as a peace deal between the U.S. and Iran reduced inflation concerns and weakened the U.S. dollar.

• The UK economy experienced a GDP contraction on June 15, 2026, amid rising tax pressures and a steady stream of insolvency notices. • Long-term inflation expectations climbed to a median of 3.9%, marking the highest level since 2009.

• Finance Minister Nirmala Sitharaman has confirmed that India's extensive food buffer networks are fully secured to ensure food security. • The treasury is currently monitoring second-round logistics overheads, even as global energy markets experience a recent de-escalation.

• The Sensex surged over 1,100 points and the Nifty approached the 24,000 mark following an announcement by Donald Trump regarding a peace deal between the US and Iran. • Market optimism was driven by the agreement to end the conflict and reopen the Strait of Hormuz, alongside RBI measures designed to attract foreign currency inflows.

• Asian share markets surged on Monday, June 15, while the U.S. dollar declined and oil prices dropped. • The market shift follows a tentative peace deal between the United States and Iran.

• The World Bank has released its global economic outlook for 2026, focusing on GDP growth, inflation rates, and overall financial stability. • The report warns that increasing fiscal pressures are hindering global efforts to reduce food insecurity, alleviate poverty, and create new employment opportunities.

• The U.S. government has imposed export controls on Anthropic, a leading AI company, limiting the availability of its advanced models in certain regions. • This move has sparked criticism from European leaders, including French politician Jordan Bardella, who argues that AI has become a critical issue of national sovereignty.

• Indian stock markets, including the Sensex and Nifty, are expected to maintain a bullish trend entering the new trading week. • This positive sentiment follows an announcement by US President Donald Trump regarding a peace deal between the United States and Iran.

• The Indian stock market surged, with the Sensex climbing 1,126.36 points (1.49%) to 76,654.31 and the Nifty rising 339.25 points (1.44%) to nearly 24,000. • Market gains were driven by falling oil prices following a US-Iran deal, with 557 shares advancing compared to only 65 declines.