Sensex Today | Stock Market Live: Sensex soars 1,200 pts, Nifty tops 24,000 as oil tumbles on US-Iran deal

• 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 BSE Sensex and Nifty50 are expected to open higher on Monday following news of a preliminary peace deal between the US and Iran. • This geopolitical development has caused global crude oil prices to plunge, leading to a rally in Asian equities and hopes for reduced global inflationary pressures.

• The Indian stock market is defying a global trend of "top-heavy" indices, where a few dominant firms disproportionately drive overall market performance. • India maintains a balanced structure with significant positions spread across financial services, energy, IT, telecommunications, and consumer sectors.

• BlackBerry (BB) has been identified as one of five stocks seeing a surge in investor interest according to Benzinga's "Stock Whisper" Index. • The company is implementing a share buyback program that could retire up to 4.58% of its public float to strengthen its financial position.

• The Sensex and Nifty surged 2% in a sharp market rally, adding approximately Rs 10 lakh crore in total market value. • This growth was driven by a boost in investor sentiment following softer crude oil prices and easing geopolitical tensions between the US and Iran.

• BofA analyst Wamsi Mohan raised the price target for International Business Machines Corporation (NYSE:IBM) from $300 to $315 on June 8. • The analyst maintained a "Buy" rating for the company's shares despite the target increase.

• Thailand and Vietnam, Southeast Asia's second and third-largest economies, are strengthening bilateral ties to create a strategic "insurance" policy. • This shift follows a series of high-level engagements, including Vietnamese President To Lam's debut visit to Bangkok and subsequent leadership meetings.

• Anthropic has halted access to its Fable 5 and Mythos 5 AI models for foreign nationals after reports that the US government identified a potential jailbreaking vulnerability. • The move has sparked criticism in Europe, with officials like Haddad describing the restriction as a "wake-up call" regarding the intersection of AI and national sovereignty.

• Union Minister J.P. Nadda announced in Shimla that India has become the world's fastest-growing major economy under Prime Minister Narendra Modi's leadership. • Nadda highlighted 12 years of governance characterized by significant economic reforms, infrastructure expansion, and improved welfare delivery.