More Stories

Informist, Wednesday, Jun. 17, 2026                                      Tel +91 (22) 6985-4000

---

Equity Alert: Most Asian indices gain as crude oil prices stay below $80/bbl

 

MUMBAI--0830 IST--Most Asian stock indices were up after broadly opening lower on Tuesay with crude oil prices remaining below $80 per barrel amid expectations of the peace deal between the US and Iran to be finalised on Friday. Global investors await the decision of the US Federal Reserve at the end of its two-day meeting, with most expecting the regulator to hold interest rates unchanged at the target range of 3.5–3.75%. 

 

On Tuesday, US President Donald Trump said he would be open to sharing details of a new US-Iran peace deal with the Congress, after some key members called for an opportunity to review the deal before it is finalised, CNBC reported. Earlier, Trump had said that the agreement with Iran would ensure that the Strait of Hormuz will remain permanently toll-free. However, he warned that if Iran failed to arrive at a final nuclear accord with the US, he would resume military attacks on Tehran. 

 

Japan's Nikkei 225 and its broader market peer Topix were among the top gainers in the region, up nearly 1?ch. On Tuesday, the Nikkei 225 hit a record intraday high after the Bank of Japan decided to increase the policy interest rate to 1% amid inflationary pressures.

 

Australia's S&P/ASX 200 was also among the gainers in the region after the Reserve Bank of Australia held rates at 4.35% on Tuesday. The central bank stated that it was ready to raise rates to manage price stability and full employment. Taiwan's Taiex and Hong Kong's Hang Seng remained the only laggards in the region, down 0.4% and 0.7%, respectively.

 

Following are the levels of key indices in the region at 0828 IST:

 

Index	Level	Change in %
CSI 300 Index	4899.87	0.32
Hang Seng Index	24314.37	(-)0.73
Nikkei 225 Day	69926.08	0.75
TOPIX FIRST SECTION	4021.16	0.75
KOSPI	8739.58	0.15
FTSE Singapore Strait Times	5181.93	1.27
S&P/ASX 200 Index	8972.5	0.61

 

(Shruti Nair)

---

Equity Alert: US mkts mixed; Dow Jones hits new high, chip cos pull Nasdaq dn

 

MUMBAI--0745 IST--US indices ended mixed on Tuesday as oil prices continued to decline on expectations of the US and Iran finalising their peace deal. Some investors moved out of technology stocks in preference of cyclical stocks. While the blue-chip Dow Jones Industrial Average touched a new intraday high and ended higher, its tech-heavy peer Nasdaq ended lower, as did the S&P 500.

 

Oil prices continued to fall and closed at their lowest levels since Mar. 2. At 0741 IST, Brent crude futures were at $78.98 per barrel, flat from Tuesday, having shed over 15% this week. US President Donald Trump had said that the Strait of Hormuz will reopen on Friday and will be toll-free. "We're not out of the woods yet," Andy Goldberg, chief investment strategist at Nomura Asset Management International told CNBC. "If all of a sudden oil prices were to come down quickly, the headline inflation number will come down, but at the same time, it'll put a lot of money back in consumers' pockets right at a time where they're feeling pretty good, and that's how you can get some more inflation," he added. "[Federal Reserve Chair Kevin] Warsh has a balancing act on his hands."

 

Wednesday's Federal Open Market Committee meeting will be the first with Kevin Warsh as the chairman of the US Federal Reserve. Investors are largely expecting the central bank to keep interest rates unchanged in a target range of 3.5% to 3.75%.

 

As oil prices slid, construction major Caterpillar led the gains among industrials and closed over 1% higher, according to the CNBC report. Meanwhile, JPMorgan Chase led the gains among banks, ending nearly 4% higher. The stock rose amid investor expectations that lower energy prices would trigger a re-acceleration in the US economy. Elon Musk's SpaceX continued its rally since going public and ended nearly 5% higher at $201.80 per share, up nearly 50% from its issue price of $135 per share.

 

On the other hand, chip stocks suffered losses on Tuesday. Sector giant Nvidia ended more than 2% lower, while peers Advanced Micro Devices, Broadcom, and Micron Technology ended 4–7% lower.

 

Following were the closing levels of US indices on Tuesday:

 

US Indices	Levels	Change in %
Dow Jones Industrial Average	51999.67	0.64
NASDAQ Composite	26376.34	(-)1.15
S&P 500	7511.35	(-)0.57

 

(Shruti Nair)

 

US$1 = INR 94.56

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Avishek Dutta

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

NSE: National Stock Exchange
NYSE: New York Stock Exchange
NYMEX: New York Mercantile Exchange
SEBI: Securities and Exchange Board of India
RBI: Reserve Bank of India

Internet links:
Securities and Exchange Board of India - http://www.sebi.gov.in
Bombay Stock Exchange - http://www.bseindia.com
National Stock Exchange of India - http://www.nseindia.com
Directory of Indian government websites - http://goidirectory.nic.in
Indian Ministry of Finance - http://www.finmin.nic.in
Reserve Bank of India - http://rbi.org.in
Controller General of Accounts, Government of India - http://www.cga.nic.in
Government's Press Information Bureau - http://www.pib.nic.in

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.