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Ep-1293 Stock Market News
Original: Ep-1293 | stock market news | #dailymoneyshow
Takeaway
Iran-US peace talks stalled; Amara Raja's telecom/data center lithium-ion expansion is a key catalyst.
Summary
- Market: Sensex -756 to 78,516; Nifty -198 to 24,378 on Iran rejecting Trump's ceasefire extension and refusing peace talks
- Iran demands US lift Strait of Hormuz blockade and sanctions before talks; Iran wants 5-year nuclear pause vs US push for 20-year halt
- Trump tweeted Pakistan re-convinced him to extend ceasefire but kept naval blockade in place; said Iran can't pay employees
- Iran threatens biggest-ever war if forced - peace talks team did not arrive in Pakistan
- Amara Raja Batteries up sharply on management commentary - successfully installed 1 GWh lithium-ion capacity for telecom, plans 1.5 GWh more this year; first phase of cell production from June
- Crude rose pressuring market; gold/silver may turn negative if war ends, but war-continuation supports them
Iran warAmara Rajalithium ion
Original description
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